The Board of Directors of NIKE, Inc. announced on Thursday, 19 September 2024 that Elliott Hill will become President and Chief Executive Officer of NIKE, Inc., effective October 14, 2024.
He takes over from John Donahoe who took the top job in 2020. Donahoe will formally step down on 13th October but will remain on as an advisor to the sportswear giant to ensure a ‘smooth transition’ through 31st January 2025.
As Elliot Hill fills new shoes, he will also become a Director of the NIKE, Inc. Board of Directors and a member of the Executive Committee.
“I am excited to welcome Elliott back to NIKE. Given our needs for the future, the past performance of the business, and after conducting a thoughtful succession process, the Board concluded it was clear Elliott’s global expertise, leadership style, and deep understanding of our industry and partners, paired with his passion for sport, our brands, products, consumers, athletes, and employees, make him the right person to lead Nike’s next stage of growth,” said Mark Parker, Executive Chairman of NIKE, Inc.
“Personally, I have worked with Elliott for more than 30 years and I look forward to supporting him and his senior management team as they seize the opportunities ahead.”
“I would like to thank John for his contributions to Nike as President and CEO, and as a board member. I would particularly like to recognize the role he played in leading the company during the COVID pandemic and his unwavering support for the investments Nike has made in our communities around the world,” added Parker.
“NIKE has always been a core part of who I am, and I’m ready to help lead it to an even brighter future. For 32 years, I’ve had the privilege of working with the best in the industry, helping to shape our company into the magical place it is today,” said Elliott Hill. “I’m eager to reconnect with the many employees and trusted partners I’ve worked with over the years, and just as excited to build new, impactful relationships that will move us ahead. Together with our talented teams, I look forward to delivering bold, innovative products, that set us apart in the marketplace and captivate consumers for years to come.”
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