Nike veteran Hill to replace Donahoe as CEO; shares jump
Sept 19 (Reuters) - Nike (NKE.N) said on Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and CEO, as the sportswear giant shakes up its leadership amid efforts to revive sales and battle rising competition.
TCU alum Elliott Hill to replace John Donahoe as CEO 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.
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