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Nike, CEO Donahoe
Nike's new CEO can't rest on retro styles and must innovate to turn the company around, analyst says
Nike is naming Elliott Hill, a company veteran of more than 30 years, as its new CEO.In the past few years, Nike relied too much on recycling old styles, an analyst told BI.Hopefully, the new hire will help Nike re-focus on a culture of innovation,
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 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 announced Thursday that CEO John Donahoe will retire next month and will be replaced by Elliott Hill, a veteran former Nike executive.
4h
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 ...
Bloomberg on MSN
2h
New Nike CEO’s First Words to Staff: ‘Things Haven’t Been Easy’
Elliott Hill, the newly named chief executive officer of Nike Inc., acknowledged that things have been rough for the world’s ...
2h
Nike is making a major shakeup
Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant ...
16m
Tesla, Nike, Alibaba, FedEx, Trump Media & Technology: Why These 5 Stocks Are On Investors' Radars Today
Tesla’s stock soared by 7.36% today, closing at $243.92. The electric vehicle maker’s shares hit an intraday high of $244.24 ...
3h
on MSN
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 ...
6h
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 ...
6h
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 ...
5h
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 ...
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