Fri Sep 20 09:06:37 UTC 2024: ## Nike Appoints Veteran Executive Elliott Hill as New CEO

**Beaverton, Oregon** – Nike, the sportswear giant, has announced the appointment of Elliott Hill as its new President and CEO, effective October 14, 2024. Hill, a 32-year Nike veteran, succeeds John Donahoe, as the company looks to revive its sales and combat growing competition within the industry.

Hill’s impressive career at Nike includes various senior leadership positions across Europe and North America, where he played a key role in expanding the company’s footprint and driving revenue growth. His most recent role was President of Consumer and Marketplace, overseeing Nike’s largest brands and spearheading its global commercial and marketing strategies. Under his leadership, Nike reached a revenue milestone of over $39 billion.

While relatively unknown to the general public, Hill is a highly respected figure within Nike, known for his commitment and contributions to the brand. He is a graduate of Texas Christian University and Ohio University, currently serving on TCU’s Board of Trustees.

Hill expressed his enthusiasm for returning to Nike, stating, “NIKE has always been a core part of who I am, and I’m ready to help lead it to an even brighter future.” He is eager to reconnect with colleagues and build new relationships, focusing on delivering innovative products that captivate consumers and solidify Nike’s position in the market.

Hill’s appointment comes at a crucial time for Nike, as it navigates an increasingly competitive landscape. Industry observers will be closely watching how his deep expertise will shape the company’s future direction.

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