Nike Appoints Elliott Hill as New CEO, John Donahoe to Step Down
<p>Nike has announced the appointment of company veteran Elliott Hill as the new CEO, succeeding John Donahoe who will retire from the position.</p>
Hill, who has been with the company for many years, will take over the role of CEO as Donahoe steps down. This leadership change comes as Nike looks to continue its growth and innovation in the global market.
During his time at Nike, Hill has held various senior positions, bringing a wealth of experience and expertise to his new role. His appointment is seen as a strategic move to steer the company forward amidst evolving industry trends and consumer demands.
Donahoe, on the other hand, has played a significant role in shaping Nike's direction during his tenure as CEO. His retirement marks the end of an era, but his contributions to the company's success will not be forgotten.