Nike has only had four chief executive offers. Elliott Hill will soon become the athletic giant's fifth. Hill, a company veteran of 32 years, was announced Thursday as the successor of John Donahoe, who has retired from his role as Nike Inc.

Elliott Hill, an executive who left the company after Donahoe’s appointment in 2020, will return as chief executive, Nike’s board said.

Elliott Hill is not new to Nike. In fact, he is one of the company's most seasoned executives, having spent over 32 years with the brand