The company's stock fell from $122.53 in late December 2023 to $80.80 on Sept. 19. Elliott Hill will replace Donahoe as president and CEO, effective Oct. 14. Read more: https://www.kgw.com/article/money/business/john-donahoe-to-step-down-as-ceo-at-nike-will-be-replaced-by-elliott-hill/283-210b8cae-1e7a-45d7-83af-aaf5b4c6634a Subscribe: https://www.youtube.com/c/KGWNews8 Watch the latest KGW newscast: https://www.kgw.com/watch Get the KGW app: https://kgw.com/appredirect