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    Elliott Hill

    President and Chief Executive Officer at Nike Inc
    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 Inc

    AM
    Ann Miller
    Executive Vice President and Chief Legal Officer
    CW
    Craig Williams
    President, Geographies & Marketplace
    HO
    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

    OrganizationRoleDate RangeDetails
    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

    OrganizationRoleDate 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 NameAmountPayment ScheduleAdditional Details
    Annual Base Salary$1,500,000 AnnualFixed base salary for 2025
    Target Annual Bonus$3,000,000 Prorated for fiscal year ending May 31, 2025Equal 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 schedulesComposed 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 dateAward to compensate for forfeited compensation from prior roles

    Performance Compensation

    Data from  FY 2025

    Target Annual Bonus

    MetricDetail
    Target Amount$3,000,000 (200% of base salary)
    ProrationBased on fiscal year ending May 31, 2025
    Performance Metrics/ThresholdsNo specific performance thresholds, targets, or goals provided
    Vesting/Evaluation PeriodDetermined by the company’s standard methodology

    Annual Target Long-Term Incentive Award

    ComponentTarget Value / WeightVesting SchedulePerformance Metric/Notes
    PSUs50% of $15,500,000 (i.e., ~$7,750,000) Vest based on NIKE's stock price performance over a three-year periodPerformance-based; exact thresholds and metrics not specified
    Stock Options35% of $15,500,000 (i.e., ~$5,425,000) Vest 25% per year on the anniversary of the grant dateExercise price determined by the closing share price on the grant date; details calculated with the Black-Scholes model
    RSUs15% of $15,500,000 (i.e., ~$2,325,000) Vest 25% per year on the anniversary of the grant dateNo 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.