Nike welcomes new CEO with $27 million payday
To welcome him back into the fold, Nike offered Hill a total compensation package valued at $27 million. That includes equity and cash awards valued at $7 million to make him whol
Nike's new CEO: What to know
Nike has pulled longtime company veteran Elliott Hill out of retirement to serve as president and chief executive, replacing CEO John Donahoe.
Nike veteran Hill to replace Donahoe as CEO; shares jump
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 top rank amid efforts to revive sales and battle rising competition.
Nike names former executive Elliott Hill as CEO
Elliott Hill, a former Nike executive who retired in 2020, will return to the company as the CEO and president on Oct. 14. John Donahoe, Nike's current CEO, will retire effective Oct. 13 and will remain an advisor to the company until January 2025.
Nike replaces its CEO with a longtime veteran and the stock is jumping
A leadership change is underway at Nike (NKE) as current CEO John Donahoe steps down, and longtime veteran Elliott Hill takes the helm, the company said on Thursday. Shares of Nike jumped by over 7% in after-hours trading following the announcement.
Nike's incoming CEO will make $27 million — over $2 million less than his predecessor
Elliott Hill, a veteran employee at Nike, is returning to the company. But he'll earn over $2 million less than outgoing CEO John Donahoe.
Nike Replaces CEO With Veteran Executive Hill in Revival Bid
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 Stock Jumps on CEO Change
Shares in Nike (NKE) surged after the sneaker company said it was getting a new chief executive. John Donahoe will retire as CEO next month after nearly five years at the helm, Nike said late Thursday.
Nike boss steps down as company veteran returns
The company looks to shake things up as demand for its trainers falters in international markets.
New Nike CEO’s First Words to Staff: ‘Things Haven’t Been Easy’
Elliott Hill, the newly named chief executive officer of Nike Inc., acknowledged that things have been rough for the world’s largest sportswear brand in his first message to staff on Thursday.
Nike C.E.O. John Donahoe Abruptly Retires Amid Declining Sales
Elliott Hill, an executive who left the company after Donahoe’s appointment in 2020, will return as chief executive, Nike’s ...
Go Behind the Scenes With Paul Rodriguez At the Nike SB x Verdy Commercial Shoot
A nice chunk of Nike SB's heaviest hitters were there during the shoot, including (of course) Paul Rodriguez. And Paul, being ...
Nike taps new CEO amid DTC challenges
Elliott Hill, who served as president of consumer and marketplace before retiring in 2020, will rejoin the sportswear giant ...
Nike brings in new CEO to revive business
Nike has hired former senior executive Elliott Hill as its new CEO, taking over the reins John Donahoe as the brand's ...
Who is Elliott Hill, the (Not So) New CEO of Nike?
Elliott Hill is not new to Nike. In fact, he is one of the company's most seasoned executives, having spent over 32 years ...
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Nike appoints Elliott Hill as new CEO
Hill, who retired from Nike in 2020, previously served as president of consumer marketplace, where he oversaw commercial ...