Nike CEO changeup has investors optimistic as it returns to its product roots
Nike ( NKE) investors are running with the idea of 32-year insider Elliott Hill returning the sneaker giant to glory as CEO, and cleaning up the messes of its outgoing tech-focused c-suite chief.
Nike's New CEO May Look to Fix Retailer Ties in Sales Revival Push
(Reuters) - Nike's new CEO will likely focus on repairing relations with retailers to boost demand, a strategy that took a back seat under outgoing chief John Donahoe, industry experts said on Friday.
Nike shares jump 8% after CEO change
Nike (NYSE:NKE) announced that Elliott Hill will take the helm as President and Chief Executive Officer effective October 14, 2024. Following the news, the company's shares gained nearly 8% in after-hours trade.
Nike faces challenges even as a new CEO brightens the spirits of investors
Nike (NYSE:NKE) turned some heads on Thursday by announcing that CEO John Donahoe will step down to be replaced by Elliott Hill. Hill spent his caree
Nike Stock Rises After Elliott Hill Named CEO
Nike shares surged in extended trading Thursday after the global shoe and athletic apparel company named Elliott Hill its CEO, replacing John Donahoe.
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 is struggling. It’s shaking up its CEO
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’s stock rose 9% during after-hours trading Thursday,
Nike names new CEO amid sales concern
Nike said Thursday that its president and CEO John Donahoe is retiring and will be replaced by a former senior executive, Elliott Hill. Why it matters: The sportswear giant warned in June of flagging sales and Axios' Hope King noted then that Nike's innovation and distribution strategies had struggled to win budget-conscious consumers or beat back growing competition.
Analysts revisit Nike stock price targets after major CEO shakeup
Nike shares powered firmly higher in early Friday trading as analysts and investors reacted to the sportswear giant's move to ...
Why Nike Shares Are Trading Higher By Around 7%; Here Are 20 Stocks Moving Premarket
Shares of NIKE, Inc. (NYSE:NKE) rose sharply in today's pre-market trading after the company announced a CEO transition.
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 ...
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 ...
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 ...
Stocks to Watch: Nike, FedEx, Alliance Entertainment Holding, Arq
Alliance Entertainment Holding swung to a profit in the fourth quarter despite a drop in revenue. The company, a global distributor and wholesaler of music, movies and video games, reported per-share ...
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 ...
Nike: College Sports Driving The Turnaround
College endorsements could help revive Nike's struggling stock, with strong growth potential in China and promising brand ...