Elliot Hill first joined Nike as an intern in 1988 and steadily rose through the ranks, holding various leadership roles before retiring in 2020 as President of Consumer and Marketplace.

Hill, who left in 2020 after 30 years at the sportswear giant, returns to Nike to succeed Donahoe, who will remain an advisor until the end of January.

Nike has been in a period of significant change and transition. Following the departure of John Donahoe, speculation has swirled around who will be chosen to lead the iconic sportswear giant into the future.