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Nike taps company veteran
Nike's new CEO can't rest on retro styles and must innovate to turn the company around, analyst says
Nike is naming Elliott Hill, a company veteran of more than 30 years, as its new CEO.In the past few years, Nike relied too much on recycling old styles, an analyst told BI.Hopefully, the new hire will help Nike re-focus on a culture of innovation,
Nike to Replace CEO Donahoe With Longtime Company Veteran
Nike Inc. ousted beleaguered chief executive John Donahoe, bringing longtime executive Elliott Hill out of retirement to return the struggling athletic brand to its glory days.Hill, 60, originally joined Nike in 1988 and served as president of consumer and marketplace before he retired in 2020.
Nike’s shares are rallying after it named a new CEO. One analyst says it still has work to do.
Elliott Hill will replace John Donahoe as chief executive next month, following months of struggles for the athletic-wear giant.
Bloomberg on MSN
1h
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 ...
5h
on MSN
Nike is struggling. It’s shaking up its CEO
Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant ...
3h
Nike C.E.O. John Donahoe Abruptly Retires Amid Declining Sales
Elliott Hill, an executive who left the company after Donahoe’s appointment in 2020, will return as chief executive, Nike’s ...
3h
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 ...
The Washington Post on MSN
4h
Nike CEO John Donahoe to step down, to be replaced by Elliott Hill
Nike
chief executive John Donahoe will retire next month, the company announced Thursday — marking the latest shake-up for ...
1h
Nike is making a major shakeup
Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant ...
1h
TCU alum Elliott Hill to replace John Donahoe as CEO at Nike
BEAVERTON, Ore. — Nike announced Thursday that John Donahoe will retire from his role as president and CEO, effective Oct. 13 ...
2h
on MSN
Nike faces challenges even as a new CEO brightens the spirits of investors
Nike (NYSE:NKE) turned some heads on Thursday by announcing that CEO John Donahoe will step down to be replaced by Elliott ...
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