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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 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.
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'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 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.
2h
It's a tough time in retail — and CEO heads keep rolling
Nike's John Donahoe is the latest CEO to get the chop amid a difficult environment for retail and consumer-focused companies ...
1d
on MSN
Nvidia CEO Jensen Huang says a fear of missing out keeps him engaged in the AI race
"We don’t want to miss this next decade.” ...
1mon
Starbucks CEO out after just over a year amid sales struggles
Chipotle CEO Brian Niccol, who oversaw huge growth at the fast-casual burrito chain, will replace Laxman Narasimhan at the ...
6d
on MSN
Goldman Sachs CEO says report that Harris is better for economy was blown out of proportion
Goldman Sachs CEO David Solomon said Vice President Kamala Harris’ reference to a bank report during the debate was blown out ...
Opinion
2d
on MSN
Opinion
Randstad CEO: Coming out at work was crucial for my career—but I was lucky
Coming out at work was a pivotal moment in my career,' writes Randstad CEO Sander van ‘t Noordende.
1h
Thoughts on Amazon’s full return to the office from a CEO who knows the value — and the trade-offs
Statsig CEO Vijaye Raji implemented an in-office policy when the startup was founded in 2021. (GeekWire File Photo /) As a ...
3d
on MSN
Charter rolls out new Spectrum pricing and internet speeds, aims to 'be a better service operator'
The rollout comes as Charter contends with slowing broadband customer growth, defections from the cable TV bundle, and a ...
5d
Hasbro CEO goes all in on kidults and gaming
Cocks (who spent 14 years inside Microsoft's ( MSFT) Xbox division) has pivoted the business hard to games. Its Monopoly Go ...
13h
on MSN
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 ...
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