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 help turn Nike around.
Nike welcomes new CEO with $27 million payday
Nike on Thursday announced it would replace CEO John Donahoe with his former colleague, Elliott Hill, sending the stock soaring on the news. Hill, 60, is returning to Nike four years after retiring from the sneaker giant.
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.
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 last year.
Nike CEO to Retire and the Stock Rallies
Nike’s beleaguered stock was rising sharply after the company announced that its CEO would retire.The athletic shoe and apparel maker has been hurt in recent years from a slowdown in China and competition from upstarts like Deckers Outdoor’s Hoka brand and On Holding.
Nike CEO John Donahoe to be replaced by ‘long-time veteran’
Nike CEO John Donahoe has announced his retirement, leaving big shoes to fill for the athletic clothing company.
Nike names former executive Elliott Hill as CEO
Elliott Hill, a former Nike executive who retired in 2020, will return to the company as the CEO and president on Oct. 14. John Donahoe, Nike's current CEO, will retire effective Oct. 13 and will remain an advisor to the company until January 2025.
Nike Unveils Sabrina Ionescu's Shoes for WNBA Playoffs
New York Liberty guard Sabrina Ionescu has two new colorways of her second signature Nike sneaker dropping on October 1.
Cramer's Mad Dash: Nike
CNBC’s Jim Cramer delivers his daily Mad Dash. Demi Moore on her graphic new film: ‘It’s not a glamour role’ How To Keep ...
Barcelona establish fresh contacts with Nike over brand new deal
Barcelona’s saga with Nike has been one of the key highlights of 2024. Earlier in the year, the club’s president Joan Laporta ...
Nike: College Sports Driving The Turnaround
College endorsements could help revive Nike's struggling stock, with strong growth potential in China and promising brand ...
Metallic Detailing Graces These Two Nike Air Max Scorpions
It’s been a couple of years since Nike introduced the Air Max Scorpion — a lifestyle sneaker that combines a Flyknit and ...
La Liga president confirms Barcelona close to returning to 1:1 rule – ‘The Nike deal is going to help’
La Liga president Javier Tebas commended the work done by FC Barcelona in reducing their wage bill.Not stopping at that, he ...
Sports Business Journal10d
Nike grappling with lack of optimism over future amid 'missteps' in Donahoe's tenure as CEO
Five years after starting as Nike CEO, much of the optimism that surrounded John Donahoe’s arrival is gone as the company’s stock is down 20% in that span.
Nike releases NY Jets running shoe to celebrate start of NFL season
Check out the new Jets Nike Air Zoom Pegasus 41 running shoe, part of the Nike’s 2024 NFL Collection ahead of the new season.
SNX DLX: This Week’s Best Sneaker Drops Feat. the Nike Dunk Silver Surfer, Kobe 8 Protro ‘Lakers Away’ & More
The sneaker features a leather upper with textile accents and a mix of Flat Silver, Neutral Grey, Aegean Storm, and Gym Red ...
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Once a favorite of white supremacists, New Balance is courting Black Baltimore
Nazis, but now Kondwani Fidel has helped create a marketing campaign for the brand that celebrates Black Baltimore.
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Geared Up: Jack Draper is becoming a force with Dunlop and Nike
A closer look at the equipment of the US Open semifinalist and Great Britain’s top-ranked player.