John Donahoe will become only the fourth CEO in Nike (NKE) history on Monday. The former eBay (EBAY) and ServiceNow (NOW) CEO will inherit a profitable company that also comes with cultural ...

Nike's chief executive officer John Donahoe will retire, and Elliott Hill will become president and CEO effective Oct. 14, the company said Thursday.

Donahoe has served on Nike's board since 2014 and is the current CEO of ServiceNow, an enterprise cloud-computing company whose shares fell 9% after hours on the news.

John Donahoe, CEO of Nike, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., July 10, 2024.

As Donahoe took over the top spot at Nike in early 2020, the company touted the former Bain management consultant and eBay CEO's extensive tech industry chops and Silicon Valley touch.

As he was on his way out, it was then-new CEO John Donahoe who worked to ensure Hill had a proper sendoff. “I said no, and he kept coming back,” Hill said of Donahoe.

Nike CEO John Donahoe To Step Down Amid Nike’s Struggle 2024, Elliott Hill Returns Given the way Nike releases have been bricking for the past few years, we can't say that we're surprised ...

The company's stock fell from $122.53 in late December 2023 to $80.80 on Sept. 19. Elliott Hill will replace Donahoe as president and CEO, effective Oct. 14.

Nike CEO John Donahoe praised Iger during a conference hosted by CNBC on Monday. REUTERS Disney, Anheuser-Busch, and Target are among the companies that have recently paid a price for running ...

Nike CEO John Donahoe blamed remote work for a recent lack of innovation by the company in a CNBC interview Friday. “In hindsight, it turns out, it’s really hard to do bold, disruptive ...

New Nike CEO John Donahoe could earn as much as $18.5 million annually. He'll also get a $45 million bonus when he starts work on Jan. 13. Cathy Cheney|©Portland Business Journal By Matthew Kish ...

Nike CEO John Donahoe on Thursday reiterated familiar optimistic talking points about the sportswear giant's financial health, but he did not provide any information about an expected wave of layoffs.