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Nike brings in new CEO to revive business
Nike has hired former senior executive Elliott Hill as its new CEO, taking over the reins John Donahoe as the brand's president and chief executive.
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'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 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 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.
1h
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 ...
Business Insider on MSN
28m
Nike's new CEO acknowledges the brand's rough run in his first message to staff
Nike
's new CEO, Elliot Hill, admitted things "haven't been easy" for the brand in a message to staff. Hill, a
Nike
...
FashionUnited
4h
John Donahoe steps down from Nike helm as brand veteran returns
Sportswear giant Nike has announced that its current president and chief executive officer, John Donahoe, has “decided he ...
12h
on MSN
Nike veteran Hill to replace Donahoe as CEO; shares jump
Nike said on Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president ...
2h
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 ...
BBC
13h
Nike boss steps down as company veteran returns
The boss of
Nike
will step down next month, making way for a company veteran to take his place as the leader of the world's ...
3h
Trending tickers: Nike, Mercedes-Benz, FedEx and Investec
Mercedes-Benz revised down its full-year profit outlook for the second time in under two months, following a continued slump ...
Daily Mail on MSN
3d
Will Ferrell and Harper Steele at a UK screening of documentary
Will Ferrell and Harper Steele pose at a special UK screening of their Netflix documentary 'Will & Harper.' Will keeps cozy ...
1d
Missing boy, 10, found safe and well after search
A search has come to an end after a ten-year-old boy who went missing this morning with two ‘unknown’ teenagers was found ...
13h
on MSN
Nike is making a major shakeup
Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant ...
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