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Company veteran Elliot Hill will replace him

Nike CEO John Donahue to retire; company veteran Elliot Hill will replace him

Sept. 20 (UPI) -- 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, will take on the lead role and become part of the company's board of directors on Oct. 14.

Reuters on MSN · 16h

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.

Benzinga.com · 18m

Nike's New CEO Elliott Hill To Focus On Repairing Retailer Relations

Nike aims to regain market share, especially in the running category, by spotlighting performance products and introducing new budget-friendly sneakers.

New Nike CEO’s 1st Words to Staff

Business Insider on MSN · 1h

Nike's new CEO acknowledges the brand's rough run in his first message to staff

In his first message to employees, Nike's new CEO, Elliot Hill, acknowledged that the company faces challenging times.

Bloomberg on MSN · 12h

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 largest sportswear brand in his first message to staff on Thursday.

Fox Business on MSN · 15h

Nike's new CEO: What to know

Nike has pulled longtime company veteran Elliott Hill out of retirement to serve as president and chief executive, replacing CEO John Donahoe.

7hon 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, ...

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, ...

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 ...

4hon 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 ...

Nike Just Did It With CEO’s Exit. What’s Next?: Andrea Felsted

Nike Inc. parted company with Chief Executive Officer John Donahoe and replaced him with Elliott Hill, a longtime Nike executive who had retired in 2020.

Can Nike's new boss revive the company's fortunes?

The sportswear brand announced that Elliot Hill would take over as chief executive, after a period of poor financial ...

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 ...

Zacks.com on MSN1d

NIKE, Inc. (NKE) Is a Trending Stock: Facts to Know Before Betting on It

Nike (NKE) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of ...

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