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2024-09-19 20:30:25
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Bullet points of Nike CEO John Donahoe is out, replaced by longtime company veteran Elliott Hill

Bullet points of Nike CEO John Donahoe is out, replaced by longtime company veteran Elliott Hill
- John Donahoe is stepping down as CEO of Nike
- Elliott Hill will take over as CEO on October 14
- Donahoe will stay on as an advisor until the end of January
- Nike is in the midst of a broader restructuring effort
- The company is shifting its strategy to sell directly to consumers
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