Nike CEO John Donahoe is retiring from his position and longtime company veteran Elliott Hill is returning to take the top job.
Donahoe is slated to step down on Oct. 13 but will remain on as an adivsor through the end of January.on Thursday announced that its CEO John Donahoe is stepping down and longtime company veteran Elliott Hill will take the helm of the sneaker giant.Donahoe, who has been Nike's CEO since Jan. 2020, will retire from his position on Oct. 13. He will stay on as an advisor through the end of January. Hill is slated to take over on the following day.
"I am excited to welcome Elliott back to NIKE.