Elliott Hill, an executive who left the company after Donahoe’s appointment in 2020, will return as chief executive, Nike’s board said.

Hill, a company veteran of 32 years, was announced Thursday as the successor of John Donahoe, who has retired from his role as Nike Inc. president and chief executive officer. Hill will assume the role, effective Oct. 14, and will also become a director of the Nike Inc. board of directors and the executive committee.

Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month