More

    New Leader Appointed by Nike as CEO John Donahoe Steps Down

    Published on:

    NIKE, Inc. Appoints Elliott Hill as President and CEO, Succeeding John Donahoe

    NIKE, Inc. has announced the appointment of Elliott Hill as the new President and Chief Executive Officer, taking over from John Donahoe effective October 14, 2024. Hill, who brings over 32 years of experience with the company, will also join the NIKE Board of Directors and the Executive Committee.

    Mark Parker, Executive Chairman of NIKE, Inc., expressed his excitement about Hill’s return to the company, highlighting his global expertise, leadership style, and passion for sport and the brand. Hill, who previously held key roles in Europe and North America, played a significant role in Nike’s growth to over $39 billion.

    In his statement, Hill expressed his eagerness to lead NIKE into a brighter future, emphasizing the importance of building impactful relationships and delivering innovative products. He also acknowledged the contributions of John Donahoe, who led the company through challenging times, including the COVID-19 pandemic.

    Donahoe, in turn, expressed his gratitude for the opportunity to lead NIKE and his confidence in Hill’s ability to drive the company forward. The transition is aimed at ensuring continuity and leveraging Hill’s experience to propel NIKE to new heights.

    With Hill’s appointment, NIKE looks towards a future of bold innovation and continued success in the marketplace. The company remains committed to delivering top-quality products and engaging with consumers worldwide under Hill’s leadership.

    Related