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Nike, Elliott Hill
Nike CEO John Donahue to Retire, Replaced by Veteran Elliot Hill, as Iconic Sneaker Brand Focuses...
Nike announced Thursday that CEO John Donahoe will step down, with veteran Elliott Hill returning from retirement to take over. Nike is undergoing restructuring after shifting focus to direct-to-consumer sales.
Nike CEO John Donahoe retires with former intern Elliot Hill appointed successor, plus more
Hill, who left in 2020 after 30 years at the sportswear giant, returns to Nike to succeed Donahoe, who will remain an advisor until the end of January.
Why Nike's New CEO Elliott Hill Faces a Challenging Turnaround After John Donahoe's Innovation Deficit
Elliott Hill is coming off the bench - and is going to have to bring his A-game next month when he takes the lead as president and chief executive officer of Nike Inc. There was little surprise when the sports giant revealed late Thursday that "the board and John Donahoe have decided he will retire from his role" as president and CEO as of Oct.
Marketplace
16m
The rewards — and risks — when companies bring a CEO back
Some boards see reinstating a previous executive as a temporary solution — a familiar face can foster stability in a ...
22h
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 ...
2h
on MSN
Nike Investors Glad Donahoe Is Out, but Hill Has Long Road Ahead
After losing market share in recent years, Nike faces near-term challenges such as the sales momentum among competitors.
7h
Nike Stock Runs Toward Best Day Of 2024 As Wall Street Reacts To CEO Change Amid Slump
One analyst said the “highly anticipated leadership change will inject a much-needed sense of urgency” to Nike, whose share price remains down 50% from its 2021 peak.
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