Nike has appointed Elliott Hill as its new President and Chief Govt Officer, changing John Donahoe, who will retire subsequent month after greater than 4 and a half years within the position.
Having started his profession at Nike as an Intern in 1988, Hill has climbed the company ladder and since held numerous senior management positions throughout Europe and North America.
Earlier than retiring in 2020, he was President of Shopper and Market, main all industrial and advertising operations for Nike and Jordan. He’ll return as CEO from 14 October.
“Nike has all the time been a core a part of who I’m, and I’m prepared to assist lead it to a good brighter future. For 32 years, I’ve had the privilege of working with the very best within the business, serving to to form our firm into the magical place it’s at present,” mentioned Elliott Hill.
“I’m wanting to reconnect with the various staff and trusted companions I’ve labored with over time, and simply as excited to construct new, impactful relationships that can transfer us forward.
“I look ahead to delivering daring, modern merchandise, that set us aside within the market and captivate customers for years to return.”
It comes as John Donahoe will retire from his position as President and Chief Govt Officer at Nike, efficient 13 October.
Donahoe will stay as an advisor to the worldwide sportswear model to make sure a “clean transition” by means of 31 January 2025.
“I want to thank John for his contributions to Nike as President and CEO. I might notably wish to recognise the position he performed in main the corporate through the pandemic and his unwavering help for the investments Nike has made in our communities all over the world,” mentioned Mark Parker, Govt Chairman of Nike.
“I’m excited to welcome Elliott again to Nike. Given our wants for the longer term, the previous efficiency of the enterprise, and after conducting a considerate succession course of, the board concluded it was clear Elliott’s international experience, management type, and deep understanding of our business and companions, paired along with his ardour for sport, our manufacturers, merchandise, customers, athletes, and staff, make him the correct particular person to guide Nike’s subsequent stage of progress.”
