John Donahoe to step down as CEO at Nike, will be replaced by Elliott Hill

Hill is a former president of consumer and marketplace at Nike.

BEAVERTON, Ore. — Nike announced Thursday that John Donahoe will retire from his role as president and CEO, effective Oct. 13. Elliott Hill, a former president of consumer and marketplace at the company, will replace Donahoe as president and CEO, starting Oct. 14.

Donahoe will stay on as an advisor at Nike through the end of January 2025. Hill will also become a member of the board of directors and executive committee.

“I am excited to welcome Elliott back to Nike. Given our needs for the future, the past performance of the business,

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