Nike, Elliott Hill
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.
Elliott Hill Loved Nike and Left It. Now He’s Back as CEO
Nike’s incoming chief is inheriting a demoralized workforce and a brand that has lost market share to rivals.
Nike stock jumps 8% as investors bet new CEO Elliott Hill can fix sneaker maker’s woes
The shoe giant's shares are down over 20% year-to-date after an ambitious direct-selling strategy opened the door to competition.
Nike veteran Hill to replace Donahoe as CEO; shares jump
Sept 19 (Reuters) - Nike (NKE.N) said on Thursday 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 leadership amid efforts to revive sales and battle rising competition.
Nike CEO John Donahoe to step down; will be replaced by Elliott Hill
Donahoe’s last day with Nike will be Oct. 13, but the company said in a news release he will remain as an adviser through the end of January. The embattled CEO, who took the helm at Nike in January 2020, will be replaced by Elliott Hill, a former Nike executive who retired in 2020.
Nike’s stock has been dogged by these issues. Can a new CEO change the game?
New Nike CEO Elliot Hill is inheriting “a turnaround that has yet to show momentum,” according to Stifel analyst Jim Duffy.
Nike staff celebrate new CEO with meme of Elliott Hill on Barack Obama’s ‘Hope’ poster
Celebrations broke out on Nike’s campus as staff high-fived and hugged each other, while others popped bottles of prosecco.
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.
Kevin Durant's Retro Nike Sneakers Support Cancer Awareness
Phoenix Suns forward Kevin Durant has the second-longest-running signature sneaker line among active NBA players. One of the ...
A’ja Wilson Is the 2024 WNBA MVP: These Are the Nike Basketball Shoes She Wore Throughout the Season
Wilson broke multiple WNBA records en route to her MVP nod, including the single-season scoring record and the single-season ...
Nike Gives the Air Max 1 A Heroic "Batman" Colorway
At the time of writing, the Air Max 1 “Batman” (or, officially, “Black/Opti Yellow) has yet to receive a release date.
Nike is making a major shakeup
Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant ...
Nike Drops New Limited-Edition Air Jordan 1 Retro Low ‘Mocha’ Sneakers: Here’s Where to Get A Pair Online
Originally released in 1985, Nike Air Jordan sneakers are one of the most iconic shoes in basketball and pop culture. And ...
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Ja Morant shows off his new Nike signature shoes
The All-Star guard recently teased an exclusive, one-of-a-kind Nike Ja 2 colorway, giving fans an exciting preview of ...
Nike CEO calls it quits as sportswear giant’s sales sink
Nike said Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and ...
Caitlin Clark Unveils New Nike Kobe Kicks in WNBA Playoffs
Indiana Fever guard Caitlin Clark debuted a player-exclusive colorway of the Nike Kobe 5 against the Connecticut Sun.