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Nike Gets a New CEO. Stock Surges.
Nike names new CEO amid flagging sales and stock slump
Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month.
Amid CEO Shakeup and Stock Slump, Wall Street Is Still Bullish on Nike
The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three million shares, or 0.2 percent, of Nike this spring. His stake is currently worth about $250 million.
Nike's shares jump after it announces plan to replace CEO
Nike announced plans to toss out its president and CEO John Donahoe, as demand falters for the brand's sneakers.He'll be replaced by former senior executive Elliott Hill, who will take over next month.
Sportico on MSN
17h
Jordan Growth, China Stagnation: How Nike Changed Under Donahoe
Nike changed dramatically in the five years under now-departed CEO John Donahoe. And while its hard turn toward ...
15h
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 ...
1d
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 ...
1d
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, ...
The Source Magazine
1d
NIKE CEO John Donahoe Steps Down, Brand Appoints New Leader
NIKE, Inc. (NYSE) has appointed Elliott Hill as President and Chief Executive Officer, effective October 14, 2024. Hill, who ...
soapcentral
11d
5 best upcoming Nike Air Jordan releases of September 2024
Nike Air Jordan sneakers are a staple in the sneaker community. Every sneaker enthusiast has heard of them and no real ...
1d
on MSN
Nike is bringing back a long-time exec as CEO — and he could be what the sportswear brand needs
Nike says Elliott Hill will replace John Donahoe as CEO in October. Nike has struggled to turn around its business over the ...
20h
on MSN
Nike names Elliott Hill as CEO, replacing John Donahoe
Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month.
22h
NEWSMAKER Nike's next CEO Hill brings a bootstraps mentality
Elliott Hill started at Nike as an intern in 1988 but steadily scaled its ranks, banking on values of grit and hard work ...
Dagens News (US) on MSN
2h
Nike Brings Veteran Out of Retirement in Reaction to Company Crisis
The company has struggled with declining sales, missing its earnings targets and facing predictions of a 10% drop in revenue.
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John Donahoe
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