Nike has tapped its veteran executive Elliott Hill to be its new CEO.Nike, NurPhoto/Getty ImagesNike's incoming CEO is an old face at the firm, having joined as an intern in 1988.Over the course of more than 30 years, he worked his way up to top management before retiring in 2020.Management experts say that a Nike veteran helming the company could help turn it around.Nike's incoming CEO is an old face in the company, having worked his way up the ranks from intern to C-Suite exec.The sneaker maker has pulled Elliott Hill, one of its company veterans, out of retirement.