Nike has only had four chief executive offers. Elliott Hill will soon become the athletic giant's fifth. Hill, a company veteran of 32 years, was announced Thursday as the successor of John Donahoe, who has retired from his role as Nike Inc.

Mr Hill is a graduate of Texas Christian University (TCU) and Ohio University, currently serving on TCU's Board of Trustees. His journey at Nike began as an intern in 1988, and over the years, he has navigated through 19 different roles, culminating in his retirement in 2020 as President of Consumer and Marketplace.

Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month

Nike announced that CEO and President John Donahue will retire and be replaced by former Nike executive Elliott Hill. Hill, who retired from Nike in 2020 while he was president of the company's consumer and marketplace division,

Nike Inc. ousted beleaguered Chief Executive Officer John Donahoe, bringing longtime executive Elliott Hill out of retirement in a bid to return the struggling athletic brand to its glory days.

Nike said on Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and CEO, as the sportswear giant shakes up its leadership amid efforts to revive sales and battle rising competition.

Nike announced that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and CEO, as the sportswear giant shakes up its top rank amid efforts to revive sales and battle rising competition.