Nike announced Thursday that CEO John Donahoe will step down, with veteran Elliott Hill returning from retirement to take ...
Nike announced Thursday that CEO John Donahoe will step down, with veteran Elliott Hill returning from retirement to take ...
Elliott Hill, an executive who left the company after Donahoe’s appointment in 2020, will return as chief executive, Nike’s ...
In his first message to employees, Nike's new CEO, Elliot Hill, acknowledged that the company faces challenging times.
New Nike CEO Elliot Hill is inheriting “a turnaround that has yet to show momentum,” according to Stifel analyst Jim Duffy.
Some boards see reinstating a previous executive as a temporary solution — a familiar face can foster stability in a ...
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.
After losing market share in recent years, Nike faces near-term challenges such as the sales momentum among competitors.