---
schema_version: "secwatch.filing_event.v1"
accession: "0000320187-24-000053"
form_type: "8-K"
ticker: "NKE"
cik: "0000320187"
company_name: "NIKE, Inc."
filed_at: "2024-09-19T23:59:59+00:00"
generated_at: "2026-05-31T03:46:40.471458+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Nike appoints veteran Elliott Hill as CEO effective Oct 14; John Donahoe retires

## Summary
- Elliott Hill, former President-Consumer & Marketplace, returns as President and CEO effective October 14, 2024.
- John Donahoe retires as CEO and board member effective Oct 13, will remain advisor through January 31, 2025.
- Hill's compensation includes $1.5M base salary, 200% target bonus, $15.5M annual LTI, and $7M in make-whole awards.
- Hill previously spent 32 years at Nike, held senior roles in Europe/North America, helped grow revenue to over $39B.
- Donahoe's departure is not related to any disagreement; he will receive continued vesting through retirement date.

## SEC filing metadata
- accession: 0000320187-24-000053
- form_type: 8-K
- ticker: NKE
- cik: 0000320187
- company_name: NIKE, Inc.
- filed_at: 2024-09-19T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/320187/000032018724000053/0000320187-24-000053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/320187/000032018724000053/nke-20240919.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000320187-24-000053
- JSON: https://secwatch.observer/filing/0000320187-24-000053.json
- Plain text: https://secwatch.observer/filing/0000320187-24-000053.txt

## Key facts
- Executive change
  John Donahoe departed as President and Chief Executive Officer at NIKE, Inc..
  - Action: retire
  - Role: President and Chief Executive Officer
  source text: John Donahoe will retire as the Company’s President and CEO and as a member of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/320187/000032018724000053/0000320187-24-000053-index.htm
- Executive change
  Elliott Hill was appointed as President and Chief Executive Officer at NIKE, Inc..
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: the Board of Directors of the Company (the “Board”) has appointed Elliott Hill as President and Chief Executive Officer (“CEO”) of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/320187/000032018724000053/0000320187-24-000053-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.