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Nike Gets a New CEO. Stock Surges.
Nike Stock Rebounds as Company Names New CEO. Is It Too Late to Buy the Stock?
The pop in Nike's stock certainly wasn't the same as the reaction Starbucks stock got when it named a new CEO, and Hill certainly doesn't have the same fanfare, having never been the CEO of a major company. Yet the announcement of him taking over as CEO comes at an interesting time.
Nike stock surges 8% as new CEO Elliott Hill tries to rally the troops
Nike stock is up more than 8% following the Oregon-based company’s announcement on Thursday that John Donahoe was stepping down as CEO.
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.
15h
Elliott Hill Loved Nike and Left It. Now He’s Back as CEO
Nike’s incoming chief is inheriting a demoralized workforce and a brand that has lost market share to rivals.
2d
on MSN
Nike’s New CEO Spurs Celebratory Memes, Toasts and Shakeup Fears
Phil Knight and other parts of the Nike universe lauded the hiring of Elliott Hill as the sneaker giant’s next chief ...
2d
Nike Decides To ‘Just Do It’ And Replaces CEO John Donahoe With Company Veteran Elliott Hill
Outgoing Nike CEO John Donahoe made strategic missteps, most especially losing his team's winning spirit.. In-coming 32-year ...
2h
Caitlin Clark Is the 2024 AP WNBA Rookie of the Year — Here Are Her Top Nike Shoe Moments
For every great moment this season, Caitlin Clark wore eye-catching Nike Kobe basketball shoes, whether it was a coveted ...
2d
Nike Spent $104 Million on CEO Donahoe Before He Was Ousted
Nike spent nearly $104 million on pay and benefits for John Donahoe during his near five-year tenure atop the sneaker-maker, ...
2d
Why Nike Stock Is Running Higher Friday
But Nike shares are running higher today. After jumping nearly 9% Friday morning, as of 10:35 a.m. ET, the stock was still ...
2d
New Nike CEO May Seek to Repair Retailer Ties
Company veteran Elliott Hill will lead a turnaround effort at the global sportswear giant, where sales have faltered and ...
2d
on MSN
Nike’s new CEO climbed his way from intern to top boss in almost 30 years
On Thursday, Nike’s stock soared after the news that Hill would replace current CEO John Donahoe, who will step down next ...
3d
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, ...
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