Nike Announces New CEO as John Donahoe Retires
Nike announced 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. The company's shares rose 9 percent in after-hours trading.
Nike said Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and ...
Hill joined Nike after completing his graduate studies at Ohio University in 1988, having persistently pursued a company ...
Nike Inc stock price jumped in after-hours trading Thursday on news that CEO John Donahoe is retiring and will be replaced by ...
Portland's Made in Old Town project aims to make a stateside manufacturing hub for sports-apparel makers.Its backers Hilos ...
9hon MSN
Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant ...
He will retire from the company on Oct. 13. Elliott Hill, a longtime Nike executive who retired in 2020, will take on the position come Oct. 14. Before leaving the sportswear giant four years ago, ...
He previously served as consumer president of Nike until Donahoe took over and shuffled the sportswear company's leadership ranks about a month into the job. Shares rose 10% to $89.10 on the ...
The company looks to shake things up as demand for its trainers falters in international markets.
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