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Philip Hampson Knight (born February 24, 1938) is an American billionaire businessman and philanthropist who is the co-founder and chairman emeritus of Nike, Inc., a global sports equipment and apparel company. He was previously its chairman and CEO. [1] As of January 2025, Forbes estimated his net worth at $33 billion.
Nike's Q2 financial performance "largely met expectations," but net revenue fell 7.7% to $12.35 billion, ... New Nike CEO Elliott Hill: 'We lost our obsession with sport' Show comments. Advertisement.
The market gave Nike (NYSE: NKE) an enthusiastic thumbs-up last week when it announced the return of longtime executive Elliot Hill to lead the company in a turnaround. Hill left the sporting ...
John Donahoe, who has led Nike since 2020, will stay on until he steps down on Oct. 14. Donahoe will stick around as a full-time non-executive employee of the company until his Jan. 31, 2025 ...
Elliott Hill's rise to executive prominence at Nike is the stuff of corporate legend. He started as an intern in 1988 and after 30 years of dedication and a brief retirement, he's back to help ...
The company's net profits dropped to $6.5 billion in its most recent fiscal year, down from $6.9 billion two years ago. Operating profit margins during this time decreased to 12.7% from 14.7%.
Elon Musk is the wealthiest person in the world, with an estimated net worth of US$385 billion as of February 23, 2025, according to the Bloomberg Billionaires Index, [425] and $384 billion according to Forbes, [426] primarily from his ownership stakes in Tesla, Inc., and SpaceX.
Nike said in a regulatory filing that Hill's compensation as president and CEO will include an annual base salary of $1.5 million. He will take over as CEO on Oct. 14. Analysts cheered the move.