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Nike is getting a new CEO as struggles mount
New York (CNN) — Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant announced Thursday that CEO John Donahoe will retire next month and will be replaced by Elliott Hill, a veteran former Nike executive.
Nike CEO John Donahoe Stepping Down After Rocky Tenure
Nike said John Donahoe will retire as chief executive and from the board. Elliott Hill, who retired from the sneaker maker in 2020, will succeed him.
Nike's shares jump after it announces plan to replace CEO
Nike announced plans to toss out its president and CEO John Donahoe, as demand falters for the brand's sneakers.He'll be replaced by former senior executive Elliott Hill, who will take over next month.
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.
Nike welcomes new CEO with $27 million payday
Nike on Thursday announced it would replace CEO John Donahoe with his former colleague, Elliott Hill, sending the stock soaring on the news. Hill, 60, is returning to Nike four years after retiring from the sneaker giant.
Nike is bringing back a long-time exec as CEO — and he could be what the sportswear brand needs
Nike says Elliott Hill will replace John Donahoe as CEO in October. Nike has struggled to turn around its business over the last year.
Nike CEO to Retire and the Stock Rallies
Nike’s beleaguered stock was rising sharply after the company announced that its CEO would retire.The athletic shoe and apparel maker has been hurt in recent years from a slowdown in China and competition from upstarts like Deckers Outdoor’s Hoka brand and On Holding.
Her Zindagi Hindi
20h
Best Nike Running Shoes (September 2024): Top Choices Under Budget
Check out the best collection of Running shoes from a renowned brand, Nike, which is very popular for its comfort and style.
2d
on MSN
LeBron James Gets Ripped in New Nike Training Shoes
Players across the league are preparing to enter training camp in peak physical condition. That includes the NBA's oldest ...
7h
on MSN
Business News LIVE Updates : Nike shoes don't fit its CEO John Donahoe anymore. Company seeks expert advice
Nike replaces CEO John Donahoe with Elliott Hill, aiming for a turnaround amid declining sales and stock struggles, effective ...
4h
Nike: College Sports Driving The Turnaround
College endorsements could help revive Nike's struggling stock, with strong growth potential in China and promising brand ...
12h
Nike stock jumps after hours on news that CEO John Donahoe is being replaced by company veteran Elliott Hill
Nike Inc stock price jumped in after-hours trading Thursday on news that CEO John Donahoe is retiring and will be replaced by ...
Hindustan Times
7h
Nike shoes don't fit its CEO John Donahoe anymore. Company seeks expert advice
Nike
replaces CEO John Donahoe with Elliott Hill, aiming for a turnaround amid declining sales and stock struggles, ...
11h
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 ...
18h
on MSN
What's Going On With Nike Stock?
Nike shares are trading higher by 2.2% Thursday morning. The Federal Reserve on Wednesday cut interest rates by 50 basis ...
CNN
1d
Nike activewear and shoes are up to half off just in time for fall workouts
Kitting yourself out with activewear and running
shoes
for a new season (or sport) can be an expensive proposition, but
Nike
’s making it way easier with its 20% off code. Right now, take 20% off ...
11h
Nike and Adidas veterans are backing a $125M project seeking to revitalize the Portland sportswear industry
This proposed multimillion-dollar development campus in Portland, Oregon, could revitalize the city's sportswear-production ...
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