NIKE, Inc. Board of Directors Announces Long-Time Nike Veteran Elliott Hill to Return as President and Chief Executive Officer John Donahoe to Retire from Nike
NIKE, Inc. (NYSE:NKE) announced a significant leadership change. Elliott Hill will become President and CEO, effective October 14, 2024. Hill, a long-time Nike veteran with 32 years of experience, will also join the Board of Directors and Executive Committee. He replaces John Donahoe, who will retire from his roles as President, CEO, and Board member on October 13.
Hill's appointment comes after a thoughtful succession process. His global expertise, leadership style, and deep understanding of the industry were cited as key factors in his selection. During his previous tenure at Nike, Hill held senior leadership positions across Europe and North America, helping grow the business to over $39 billion. He retired from Nike in 2020 after serving as President - Consumer and Marketplace.
NIKE, Inc. (NYSE:NKE) ha annunciato un'importante cambiamento nella leadership. Elliott Hill diventerà Presidente e CEO, a partire dal 14 ottobre 2024. Hill, un veterano di lunga data di Nike con 32 anni di esperienza, entrerà anche a far parte del Consiglio di Amministrazione e del Comitato Esecutivo. Sostituisce John Donahoe, che si ritirerà dai suoi ruoli di Presidente, CEO e membro del Consiglio il 13 ottobre.
La nomina di Hill arriva dopo un attento processo di successione. La sua esperienza globale, il suo stile di leadership e la profonda comprensione del settore sono stati citati come fattori chiave nella sua selezione. Durante il suo incarico precedente in Nike, Hill ha ricoperto posizioni di leadership senior in Europa e Nord America, contribuendo a far crescere l'azienda a oltre 39 miliardi di dollari. Si è ritirato da Nike nel 2020 dopo aver servito come Presidente - Consumi e Mercato.
NIKE, Inc. (NYSE:NKE) anunció un cambio significativo en el liderazgo. Elliott Hill se convertirá en Presidente y CEO, a partir del 14 de octubre de 2024. Hill, un veterano de Nike con 32 años de experiencia, también se unirá a la Junta de Directores y al Comité Ejecutivo. Reemplaza a John Donahoe, quien se retirará de sus funciones como Presidente, CEO y miembro de la Junta el 13 de octubre.
La nombramiento de Hill llega tras un cuidadoso proceso de sucesión. Su experiencia global, estilo de liderazgo y profunda comprensión de la industria fueron citados como factores clave en su selección. Durante su mandato anterior en Nike, Hill ocupó puestos de liderazgo senior en Europa y América del Norte, ayudando a hacer crecer el negocio a más de $39 mil millones. Se retiró de Nike en 2020 tras haber servido como Presidente - Consumidor y Mercado.
NIKE, Inc. (NYSE:NKE)는 중요한 리더십 변화를 발표했습니다. Elliott Hill이 2024년 10월 14일부로 사장 및 CEO가 됩니다. Hill은 32년의 경험을 가진 Nike의 오랜 베테랑으로, 이사회 및 집행위원회에도 합류하게 됩니다. 그는 John Donahoe를 대체하며, Donahoe는 10월 13일부로 사장, CEO 및 이사회 구성원으로서 퇴임합니다.
Hill의 임명은 신중한 후계 과정 후에 이루어졌습니다. 그의 글로벌 전문성, 리더십 스타일, 산업에 대한 깊은 이해가 선정의 주요 요소로 지목되었습니다. Nike에서의 이전 임기 동안 Hill은 유럽 및 북미에서 고위 리더십 직책을 맡아 비즈니스를 390억 달러 이상으로 성장시키는 데 기여했습니다. 그는 2020년 소비자 및 시장 사장으로 재직 후 Nike에서 퇴임했습니다.
NIKE, Inc. (NYSE:NKE) a annoncé un changement significatif de la direction. Elliott Hill prendra le poste de président et directeur général à compter du 14 octobre 2024. Hill, vétéran de longue date de Nike avec 32 ans d'expérience, rejoindra également le conseil d'administration et le comité exécutif. Il remplace John Donahoe, qui prendra sa retraite de ses fonctions de président, directeur général et membre du conseil le 13 octobre.
La nomination de Hill survient après un processus de succession réfléchi. Son expertise mondiale, son style de leadership et sa compréhension approfondie de l'industrie ont été cités comme des facteurs clés de sa sélection. Lors de son précédent mandat chez Nike, Hill a occupé des postes de direction senior en Europe et en Amérique du Nord, contribuant à faire croître l'entreprise à plus de 39 milliards de dollars. Il a pris sa retraite de Nike en 2020 après avoir exercé les fonctions de président - Consommateur et Marché.
NIKE, Inc. (NYSE:NKE) hat einen bedeutenden Führungswechsel angekündigt. Elliott Hill wird ab dem 14. Oktober 2024 Präsident und CEO. Hill, ein langjähriger Nike-Veteran mit 32 Jahren Erfahrung, wird auch dem Vorstand und dem Exekutivkomitee beitreten. Er ersetzt John Donahoe, der seine Ämter als Präsident, CEO und Vorstandsmitglied am 13. Oktober niederlegen wird.
Hills Ernennung folgt einem durchdachten Nachfolgeprozess. Sein globales Fachwissen, sein Führungsstil und sein tiefes Verständnis der Branche wurden als entscheidende Faktoren bei seiner Auswahl genannt. Während seiner vorherigen Amtszeit bei Nike hielt Hill leitende Führungspositionen in Europa und Nordamerika inne und half, das Geschäft auf über 39 Milliarden Dollar zu steigern. Er trat 2020 aus Nike zurück, nachdem er als Präsident - Verbraucher und Markt tätig war.
- Appointment of Elliott Hill, a long-time Nike veteran with 32 years of experience, as new President and CEO
- Hill's previous contributions to growing Nike's business to over $39 billion
- Smooth transition plan with Donahoe remaining as advisor until January 31, 2025
- Departure of current CEO John Donahoe, potentially causing short-term leadership transition challenges
Incoming NIKE, Inc. President & CEO Elliott Hill (Photo: Business Wire)
“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,” said Mark Parker, Executive Chairman of NIKE, Inc. “Personally, I have worked with Elliott for more than 30 years and I look forward to supporting him and his senior management team as they seize the opportunities ahead.”
The Board and John Donahoe have decided he will retire from his role as President and Chief Executive Officer and from the NIKE, Inc. Board of Directors effective October 13. He will remain as an advisor to the company to ensure a smooth transition through January 31, 2025.
“I would like to thank John for his contributions to Nike as President and CEO, and as a board member. I would particularly like to recognize the role he played in leading the company during the COVID pandemic and his unwavering support for the investments Nike has made in our communities around the world,” added Parker.
“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. Together with our talented teams, I look forward to delivering bold, innovative products, that set us apart in the marketplace and captivate consumers for years to come.”
Throughout the course of his career at Nike, Hill held senior leadership positions across
“It’s been an honor and privilege to be part of this incredible company, and I’ll always value my time at Nike and the opportunity to lead the organization. I have great respect for Phil, Mark, Nike and its employees,” said John Donahoe. “It became clear now was the time to make a leadership change, and Elliott is the right person. I look forward to seeing Nike and Elliott’s future successes.”
About NIKE, Inc.
NIKE, Inc., headquartered in
View source version on businesswire.com: https://www.businesswire.com/news/home/20240919388699/en/
KeJuan Wilkins
media.relations@nike.com
Source: NIKE, Inc.
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