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Nike taps company veteran
Nike CEO John Donahue to retire; company veteran Elliot Hill will replace him
Nike announced that CEO and President John Donahue will retire and be replaced by former Nike executive Elliott Hill. Hill, who retired from Nike in 2020 while he was president of the company's consumer and marketplace division,
Nike is making a major shakeup
Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant announced Thursday that CEO John Donahoe will retire next month and will be replaced by Elliott Hill, a veteran former Nike executive.
Nike taps company veteran as new CEO, and shares rally
Elliott Hill will replace John Donahoe as chief executive next month, following months of struggles for the athletic-wear giant.
Nike, CEO John Donahoe
Nike's new CEO was an intern at the brand in 1988. He's now in charge of saving one of the biggest sports apparel legacies in the world.
Over the course of over 30 years, he worked his way up to top management. Management experts say the company veteran could help turn Nike around.
Nike C.E.O. John Donahoe Abruptly Retires Amid Declining Sales
Elliott Hill, an executive who left the company after Donahoe’s appointment in 2020, will return as chief executive, Nike’s board said.
Nike CEO John Donahoe retires with former intern Elliot Hill appointed successor, plus more
Hill, who left in 2020 after 30 years at the sportswear giant, returns to Nike to succeed Donahoe, who will remain an advisor until the end of January.
6h
on MSN
Nike's new CEO can't rest on retro styles and must innovate to turn the company around, analyst says
With Nike's new incoming CEO Elliott Hill, Nike needs to re-focus on innovation and selling great stories around its shoes, ...
3h
Nike's new CEO may look to fix retailer ties in sales revival push
Nike's new CEO will likely focus on repairing relations with retailers to boost demand, a strategy that took a back seat ...
15h
Nike stock jumps after hours on news that CEO John Donahoe is being replaced by company veteran Elliott Hill
Nike Inc stock price jumped in after-hours trading Thursday on news that CEO John Donahoe is retiring and will be replaced by ...
3h
on MSN
Nike's incoming CEO will make $27 million — over $2 million less than his predecessor
Elliott Hill, a veteran employee at Nike, is returning to the company. But he'll earn over $2 million less than outgoing CEO ...
13h
Nike CEO calls it quits as sportswear giant’s sales sink
Nike said Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and ...
19m
Nike replaces CEO with veteran executive Elliott Hill in revival bid
Nike Inc. ousted beleaguered Chief Executive Officer John Donahoe, bringing longtime executive Elliott Hill out of retirement ...
1h
Wall Street Breakfast Podcast: Nike Rallies As New CEO Boosts Hopes
Nike faces challenges even as a new CEO brightens the spirits of investors. Warren Buffett's Berkshire continues to trim Bank ...
2h
on MSN
These Stocks Are Moving the Most Today: FedEx, Nike, Trump Media, Lennar, and More
FedEx cuts its fiscal-year outlook following weaker-than-expected fiscal first-quarter earnings, while Nike stock rallies ...
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