John Donahoe
Elliott Hill, who spent 32 years at the sportswear giant before retiring in 2020, will return as the brand’s president and CEO on October 14.
Donahoe’s compensation, 13.7% higher than it was in FY2021, includes more than $20.5M in stock and option awards, plus $6.8M in incentive pay.
Highlighting that the app’s new exclusive access model offers a better way to satisfy its consumers.
Reporting revenues of $10.4 billion USD.
John Donahoe acknowledged that the scandal involving former VP Ann Hebert had eroded customers’ trust in the brand.
“[We must] get our own house in order.”
adidas joined in to stand with its competitor.
The lucky fan will also go home with a custom pair of sneakers and $1,000 USD of gear.
Following the company’s initial pledge to help fight COVID-19.
Donations will be split between food banks, medical research organizations and more.
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