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Nike, Elliott Hill and John Donahoe
Nike replaces its CEO with a longtime veteran and the stock is jumping
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 CEO John Donahoe Steps Down, Brand Appoints New Leader
NIKE, Inc. (NYSE) has appointed Elliott Hill as President and Chief Executive Officer, effective October 14, 2024. Hill, who will also join the NIKE Board of Directors and the Executive Committee, succeeds John Donahoe,
Elliott Hill- Meet The New CEO of Nike Who Once Begged To Be Hired As An Intern
Hill joined Nike after completing his graduate studies at Ohio University in 1988, having persistently pursued a company representative who had spoken in his sports marketing class.
1h
on MSN
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 ...
1h
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 ...
5h
Nike: College Sports Driving The Turnaround
College endorsements could help revive Nike's struggling stock, with strong growth potential in China and promising brand ...
1h
on 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 ...
12h
on MSN
Nike is getting a new CEO as struggles mount
Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant ...
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