“For 32 years, I’ve had the privilege of working with the best in the industry, helping to shape our company into the magical place it is today,” Hill said in a statement accompanying the news he was incoming CEO.

Hill spoke by himself for the first five minutes before bringing out Deepa Ramprasad, a rising star at Nike who works as a senior director of lifestyle footwear. Ramprasad conducted a question-and-answer session with Hill touching on his personal life, his career, and his plans for Nike.

Elliott Hill's rise to executive prominence at Nike is the stuff of corporate legend. He started as an intern in 1988 and after 30 years of dedication and a brief retirement, he's back to help lead the company he's called home for decades.

Hill, who served in several leadership roles before retiring from the Swoosh in 2020, is facing high expectations to turn around the struggling sportswear maker.