Nike's new CEO is a company lifer - but an expert explains why that's not a great idea now
Briefly

Elliott Hill's ascent from intern to CEO at Nike is notable, showcasing an uncommon path in corporate leadership despite the prevailing trend of hiring external candidates for top roles.
"Nike has always been a core part of who I am," Hill expressed, underscoring his deep connection to the company that nurtured his growth over three decades.
Thomas Roulet, a professor, noted, "If you stay in the same organization, the rate of opportunities and career advancement will be lower than if you go elsewhere," highlighting the risks of a lifelong corporate journey.
Roulet added, "Companies often favor external candidates for CEO positions because they are viewed as catalysts for change, making long-term internal promotions rare."
Read at Business Insider
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