May 29 (Reuters) - Nike's ( NKE ) chief innovation

officer, John Hoke, is retiring, the world's largest sportswear

company said on Thursday.

Hoke, who joined Nike ( NKE ) in 1992, has served as the company's

chief design officer before being named chief innovation officer

in 2023.

Earlier this month, Nike ( NKE ) CEO Elliott Hill, who took the helm

in October to lead a turnaround, had made several changes to the

senior leadership team, including promoting insider Phil

McCartney to be the new chief innovation, design & product

officer.

Nike ( NKE ), in March, forecast a steeper than expected drop in

fourth-quarter revenue, signaling caution as it works to

rekindle consumer interest.

Bloomberg News first reported Hoke's retirement earlier

on Thursday.