John Donahoe never had the strengths required to lead a design-focused organization like Nike. His technical strengths were not what was needed at a consumer-oriented product innovator.

(Bloomberg) -- Nike Inc. spent nearly $104 million on pay and benefits for John Donahoe during his near five-year tenure atop ...

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 ...

Donahoe will retire on Oct. 13, with Hill, who is coming out of retirement, taking over the the next day. Donahoe, who steered the company through the Covid-19 pandemic and the Summer 2024 Paris ...

Assuming Elliott Hill learns from the mistakes of his predecessor, the stepping down of John Donahoe ... [+] as CEO of Nike could lead to the household brand's resurgence. Nike’s CEO John ...

After nearly five years at the helm of the world’s largest sportswear company, John Donahoe stepped down from his role as ...

Nike is bringing in an old face for a new CEO. The company announced on Thursday that its CEO of four years, John Donahoe, will retire and be replaced by Elliott Hill, a company veteran of more ...

On Thursday, the sports giant announced that Elliott Hill, a company veteran, will take over outgoing CEO John Donahoe on October 14. Hill's base compensation is $1.5 million a year. He stands to ...

John Donahoe’s rocky tenure as the CEO of Nike will end this fall, the company said Thursday. The company announced Donahoe’s retirement in a news release, saying that his last day would be ...

He starts on October 14. He'll replace current CEO John Donahoe, who has led Nike since 2020. Donahoe will remain as an advisor to the company through January 31, 2025. The CEO change comes as ...