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Nike taps company veteran
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 to Replace CEO Donahoe With Longtime Company Veteran
Nike Inc. ousted beleaguered chief executive John Donahoe, bringing longtime executive Elliott Hill out of retirement to return the struggling athletic brand to its glory days.Hill, 60, originally joined Nike in 1988 and served as president of consumer and marketplace before he retired in 2020.
Nike names company veteran Elliott Hill as new CEO; John Donahoe to retire
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.
1h
on MSN
Nike is struggling. It’s shaking up its CEO
Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant ...
1h
on MSN
Nike CEO calls it quits as sportswear giant’s sales sink
Nike said Thursday that CEO John Donahoe will retire after more than five years at the helm as the sportswear giant shakes up ...
19m
Nike and Adidas veterans are backing a $125M project seeking to revitalize the Portland sportswear industry
This proposed multimillion-dollar development campus in Portland, Oregon, could revitalize the city's sportswear-production ...
WKOW
22h
Nike is making a major shakeup
New York (CNN) —
Nike
, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The ...
5m
Dow, S&P 500 notch record closes, Nike's CEO is out: Market Domination Overtime
US stocks continued to rally as investors digested the Federal Reserve's rate cut with the Dow Jones Industrial Average (^DJI ...
1h
on MSN
Nike welcomes boomerang CEO with $27 million payday
To welcome him back into the fold, Nike offered Hill a total compensation package valued at $27 million. That includes equity ...
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