Mon Sep 23 21:40:00 UTC 2024: ## CEOs Expect Full Return to Office by 2027, Nike Gets New CEO

**New York, NY** – A new survey by KPMG reveals a significant shift in CEO sentiment regarding hybrid work models. Almost eight in ten CEOs surveyed expect all office workers on hybrid schedules to return to working in person five days a week by 2027, up from 34% earlier this year. This signifies a growing preference for a comprehensive return-to-office strategy among U.S. business leaders.

While CEOs are pushing for a return to the office, they also recognize the need for flexibility. The survey also highlighted the impact of an aging workforce, with 89% of CEOs citing its influence on employee recruitment, retention, and overall company culture.

In other news, Nike has announced a new CEO, Elliott Hill, replacing current CEO John Donahoe. While some analysts see this change as a positive move, injecting a much-needed sense of urgency and focusing on product innovation, marketing, and rebuilding wholesale partnerships, others are more cautious. Concerns remain regarding the brand’s declining sales, increased competition, and struggles to innovate.

These developments highlight the ongoing evolution of the workplace and the challenges faced by businesses in navigating shifting demographics, technological advancements, and economic uncertainties.

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