Nike veteran to replace John Donahoe as CEO – TheIndustry.fashion

Nike has appointed Elliott Hill as its new President and Chief Executive Officer, replacing John Donahoe, who will retire next month after more than four and a half years in the role.

Having began his career at Nike as an Intern in 1988, Hill has climbed the corporate ladder and since held a number of senior leadership positions across Europe and North America.

Before retiring in 2020, he was President of Consumer and Marketplace, leading all commercial and marketing operations for Nike and Jordan. He will return as CEO from 14 October.

“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.

“I look forward to delivering bold, innovative products, that set us apart in the marketplace and captivate consumers for years to come.”

It comes as John Donahoe will retire from his role as President and Chief Executive Officer at Nike, effective 13 October.

Donahoe will remain as an advisor to the global sportswear brand to ensure a “smooth transition” through 31 January 2025.

“I would like to thank John for his contributions to Nike as President and CEO. I would particularly like to recognise the role he played in leading the company during the pandemic and his unwavering support for the investments Nike has made in our communities around the world,” said Mark Parker, Executive Chairman of Nike.

“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.”