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Nike CEO Donahoe to Retire
Nike's CEO is leaving — and its next chief is coming out of retirement
A leadership change is underway at Nike (NKE) as current CEO John Donahoe steps down, and longtime veteran Elliott Hill takes the helm, the company said on Thursday. Shares of Nike jumped by over 7% in after-hours trading following the announcement.
NEWSMAKER Nike's next CEO Hill brings a bootstraps mentality
Elliott Hill started at Nike as an intern in 1988 but steadily scaled its ranks, banking on values of grit and hard work ingrained in him as the son of a single mom in a working class Texas neighborhood.
Nike's Hill to return as CEO, Donahoe to retire; shares rise
(Reuters) -Nike said on Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and CEO, as the sportswear giant shakes up its top rank amid efforts to revive sales and battle rising competition.
2h
Why Nike Just Did It
Investors are hoping that replacing John Donahoe as chief executive will lift its stock price and restore the brand’s cool ...
ABC12
17h
Nike is making a major shakeup as competition rises, sales fall
Nike faces a consumer slowdown and tough competition from upstart running brands like Hoka and On. Customers are changing ...
2h
Watch These Nike Price Levels as Stock Jumps After Company Appoints New CEO
Nike shares moved higher Friday after the world’s largest athletic apparel and equipment company announced Elliott Hill will ...
12d
Does Nike Need a Brand Makeover…or What?
Nike faces challenges with declining revenue and innovation. A new leadership hire aims to refocus on customers and regain ...
Hindustan Times
1h
Nike shoes don't fit its CEO John Donahoe anymore. Company seeks expert advice
Nike
Inc. ousted beleaguered Chief Executive Officer John Donahoe, bringing longtime executive Elliott Hill
out
...
9h
Nike: College Sports Driving The Turnaround
College endorsements could help revive Nike's struggling stock, with strong growth potential in China and promising brand ...
2d
New Ja Morant's signature shoes are revealed
The highly anticipated Ja 2 "Induction" is scheduled to drop on September 26, 2024, at 7:00 AM via Nike's SNKRS website. Fans ...
3h
on MSN
Nike's new CEO acknowledges the brand's rough run in his first message to staff
In his first message to employees, Nike's new CEO, Elliot Hill, acknowledged that the company faces challenging times.
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