Elliott Hill

President and Chief Executive Officer at NIKE

Since October 14, 2024

Age

60 years

Education

Holds a Bachelor of Science in Kinesiology from Texas Christian University and a Master's in Sports Administration from Ohio University.

Tenure

Joined NIKE over 32 years ago and held various senior leadership positions, including serving as President – Consumer and Marketplace from 2018 to 2020 before assuming the role of President and Chief Executive Officer on October 14, 2024.

Also at NIKE

Ann Miller

Executive Vice President and Chief Legal Officer

Craig Williams

President, Geographies & Marketplace

Heidi O'Neill

President, Consumer, Product & Brand

About

Elliott Hill has built a robust career anchored by both academic and professional achievements. At age 60, he has cultivated a strong foundation through his education, earning a Bachelor of Science in Kinesiology from Texas Christian University and a Master's in Sports Administration from Ohio University.

Over his 32-year tenure at NIKE, he advanced through a series of impactful leadership roles. Notably, he served as President – Consumer and Marketplace from 2018 to 2020, spearheading commercial and marketing operations across multiple geographies. His appointment as President and Chief Executive Officer on October 14, 2024, underscores his extensive experience and commitment to the brand.

Beyond his achievements at NIKE, Hill has extended his expertise into broader ventures, founding Open Road Resources and contributing strategic advice as an operating partner and senior advisor with prominent investment firms. His dedication to education is further evidenced by his service on the Board of Trustees for Texas Christian University.

$NKE Performance Under Elliott Hill

Past Roles

Organization	Role	Date Range	Details
BDT Capital	Senior Advisor	2020-2023	Served via Open Road Resources, LLC
NIKE, Inc.	President – Consumer and Marketplace	2018-2020	Led commercial and marketing operations for NIKE and the Jordan Brand with full P&L oversight
NIKE, Inc.	Various Senior Leadership Positions	Over 32 years until 2020	Held multiple roles across Europe and North America; contributed to growth to over $39B revenue

External Roles

Organization	Role	Date Range
BDT & MSD Partners	Operating Partner	Since 2023
Open Road Resources, LLC	Founder and Owner	Since 2020
Texas Christian University	Board of Trustees Member	N/A

Fixed Compensation

Data from FY 2025

Component Name	Amount	Payment Schedule	Additional Details
Annual Base Salary	$1,500,000	Annual	Fixed base salary for 2025
Target Annual Bonus	$3,000,000	Prorated for fiscal year ending May 31, 2025	Equal to 200% of base salary; paid based on the company’s standard methodology
Annual Target Long-Term Incentive Award	$15,500,000	Annual; vesting tied to award-specific schedules	Composed of 50% PSUs, 35% Stock Options (vesting 25% per year), and 15% RSUs (vesting 25% per year)
One-time RSU Award	$3,000,000	Vests in three equal installments on the anniversary of the grant date	Award to compensate for forfeited compensation from prior roles

Performance Compensation

Data from FY 2025

Target Annual Bonus

Metric	Detail
Target Amount	$3,000,000 (200% of base salary)
Proration	Based on fiscal year ending May 31, 2025
Performance Metrics/Thresholds	No specific performance thresholds, targets, or goals provided
Vesting/Evaluation Period	Determined by the company’s standard methodology

Annual Target Long-Term Incentive Award

Component	Target Value / Weight	Vesting Schedule	Performance Metric/Notes
PSUs	50% of $15,500,000 (i.e., ~$7,750,000)	Vest based on NIKE's stock price performance over a three-year period	Performance-based; exact thresholds and metrics not specified
Stock Options	35% of $15,500,000 (i.e., ~$5,425,000)	Vest 25% per year on the anniversary of the grant date	Exercise price determined by the closing share price on the grant date; details calculated with the Black-Scholes model
RSUs	15% of $15,500,000 (i.e., ~$2,325,000)	Vest 25% per year on the anniversary of the grant date	No additional performance metrics provided

Additional Notes: The documents do not provide detailed performance measures such as exact thresholds, maximum payout caps, or actual performance results for these awards. The vesting and calculation methodologies align with NIKE’s standard practices and related award agreements.