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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. He had been ...
John Joseph Donahoe II (born April 30, 1960) [1] is an American businessman who was the CEO of Nike from January 2020 to October 2024. [2] Early in his career, he worked for Bain & Company, becoming the firm's president and CEO in 1999. [3] He is on the board of directors at Nike, [4] The Bridgespan Group [5] and is chairman of PayPal.
Nike shares hit an all-time high of $177.51 in November 2021 as Hill’s predecessor, the retiring John Donahoe, earned plaudits for deftly steering the company through the COVID-19 pandemic.
Hill has only been CEO of the sports giant for a few months, succeeding John Donahue, who led the $107 billion company from 2020 to 2024. During the pandemic, Donahue had navigated Nike through ...
Image source: Getty Images. Nike's airball. ... Nike stock has plunged since its peak in 2021, as a strategic shift under outgoing CEO John Donahoe has backfired. Many of Nike's challenges seem to ...
Nike's sales have weakened recently and its stock is down about 24% year-to-date. In its most recent quarter, which ended on May 31, the company reported a 2% revenue decline. Donahoe said at the time that the company is approaching its “near-term challenges head-on, while making continued progress in the areas that matter most to Nike's ...
Nike's stock shot up after the news broke that Hill would replace John Donahoe as CEO. Hill is a familiar face at Nike, having held multiple roles at the company. Hill is a familiar face at Nike ...
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.