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Nike Replaces CEO Donahoe With Veteran Executive in Revival Bid

Nike Inc. ousted beleaguered Chief Executive Officer John Donahoe, bringing longtime executive Elliott Hill out of retirement in a bid to return the struggling athletic brand to its glory days.Hill, 60,

Hosted on MSN · 15h

Nike names company veteran Elliott Hill as new CEO, replacing John Donahoe

Nike on Thursday named a company veteran, Elliott Hill, to be its next CEO, an announcement that immediately boosted the company’s flagging stock price and elicited cheers from insiders. Hill, 60, will succeed embattled CEO John Donahoe on Oct.

New York Post on MSN · 1h

Nike stock surges 8% as new CEO Elliott Hill tries to rally the troops

Nike stock is up more than 8% following the Oregon-based company’s announcement on Thursday that John Donahoe was stepping down as CEO.

New Nike CEO’s 1st Words to Staff

Reuters · 8h

Nike's new CEO may look to fix retailer ties in sales revival push

Nike's new CEO will likely focus on repairing relations with retailers to boost demand, a strategy that took a back seat under outgoing chief John Donahoe, industry experts said on Friday.

The Straits Times · 8h

‘Things haven’t been easy’: New Nike CEO’s first words to staff

Nike sales have dropped as consumers have grown tired of its lifestyle sneakers. Read more at straitstimes.com.

Business Insider on MSN · 5h

Nike's new CEO acknowledges the brand's rough run in his first message to staff

In his first message to employees, Nike's new CEO, Elliot Hill, acknowledged that the company faces challenging times.

8hon MSN

Nike's incoming CEO will make $27 million — over $2 million less than his predecessor

Elliott Hill, a veteran employee at Nike, is returning to the company. But he'll earn over $2 million less than outgoing CEO ...

EconoTimes2d

Exciting Travis Scott Jordan and Nike Releases Expected in Late 2024 and Early 2025

Travis Scott continues his iconic collaboration with Nike and Jordan brands, with several exciting releases planned for late ...

Corteiz’s Hit Nike Air Max 95 Will Return This Year With a New Colorway

British streetwear brand Corteiz had one of the hottest collaborations of 2023 with its three Nike Air Max 95 colorways ...

NBA City Edition Nike Jerseys for 2024-25 Season Reportedly Leaked in New Photos

The NBA usually unveils the latest batch of City Edition jerseys in November, but fans got a first look a little early this ...

Retail Dive1d

Nike taps new CEO amid DTC challenges

In the midst of correcting a DTC strategy that went too far, Nike CEO John Donahoe is leaving the business, the company said in a Thursday press release. He will retire ... Upon taking on the ...

Hypebeast3d

VERDY's Nike SB "VISTY" Collaboration Enlivens This Week's Best Footwear Drops

This time around, Nike, New Balance, adidas, Timberland and Jordan Brand have all assembled notable drops to consider ...

35m

Nike’s new CEO climbed his way from intern to top boss in almost 30 years

See the resume of Nike’s new CEO, who started at the company as an intern ...

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