The Pearl District penthouse of former Nike chief executive John Donahoe will hit the market Wednesday for $4.5 million, a starting price that shaves more than $2 million off its 2019 value.
A new era for Nike could begin when Elliott Hill replaces John Donahoe as CEO. Nike employees reportedly cheered the news of Hill's arrival. Brand marketing is likely to be an early focus of Hill's.
Elliott Hill is officially assuming the mantle as Nike (NKE) CEO and president on Monday after the ousting of John Donahoe. Nike shares have fallen by 25% year-to-date in 2024.
Nike executive John Slusher is moving into the Olympic world to head the commercial arm for the 2028 Los Angeles Olympics. Slusher was named CEO of U.S.