Nike CEO John Donahoe Is Out, Swoosh Vet Elliott Hill Returns to Take Reins
Nike chief executive office John Donahoe will step down from the company, effective Oct. 13. The beleaguered CEO will be replaced by former Nike executive Elliott Hill, who served in several leadership roles at the Swoosh before retiring in 2020.
Can Nike veteran Elliott Hill turn ‘the swoosh’ around?
Nike’s outgoing chief executive, John Donahoe, is an Ivy League-educated former tech executive and Bain consultant. The man who will take his place, Elliott Hill, started at Nike as an intern and spent his entire career at “the swoosh”, bar a brief stint as an assistant trainer for the Dallas Cowboys football team.
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In this Sunday edition of Insider Today, we're talking about Nike's business woes, and Larry Page's money man.
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