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 is struggling. It’s shaking up its CEO
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. Nike’s stock rose 9% during after-hours trading Thursday,
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 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 names new CEO amid sales concern
Nike said Thursday that its president and CEO John Donahoe is retiring and will be replaced by a former senior executive, Elliott Hill. Why it matters: The sportswear giant warned in June of flagging sales and Axios' Hope King noted then that Nike's innovation and distribution strategies had struggled to win budget-conscious consumers or beat back growing competition.
Nike to Replace CEO John Donahoe With Former Veteran Executive
Nike (NKE) shares rose early Friday as the athletic footwear and apparel maker announced that John Donahoe will retire as chief executive next month, with former longtime company executive Elliott Hill returning to lead the company.
Nike's CEO is leaving — and its next chief is coming out of retirement
A leadership change is underway at Nike (NKE) as current CEO John Donahoe steps down, and longtime veteran Elliott Hill takes the helm, the company said on Thursday. Shares of Nike jumped by over 7% in after-hours trading following the announcement.
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Nike faces challenges with declining revenue and innovation. A new leadership hire aims to refocus on customers and regain ...
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'Ghosts' Is Going Down Under With a Brand-New Remake
Please verify your email address. You’ve reached your account maximum for followed topics. Fans of the much-loved Ghosts franchise are set to have the best 2025 as ...
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 ...