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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 help turn Nike around.
Chief Executive Of US Sportswear Giant Nike To Retire
SAN JOSE (California), Sept 20 (Bernama-dpa) -- The chief executive of US sportswear giant Nike will retire, the company announced on Thursday, according to German news agency (dpa). John Donahoe would step down from his role as president and chief executive on October 13, Nike said.
Nike Announces New CEO as John Donahoe Retires
Nike announced 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 top rank amid efforts to revive sales and battle rising competition. The company's shares rose 9 percent in after-hours trading.
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'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 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.
Nike CEO John Donahoe to be replaced by ‘long-time veteran’
Nike CEO John Donahoe has announced his retirement, leaving big shoes to fill for the athletic clothing company.
Nike names former executive Elliott Hill as CEO
Elliott Hill, a former Nike executive who retired in 2020, will return to the company as the CEO and president on Oct. 14. John Donahoe, Nike's current CEO, will retire effective Oct. 13 and will remain an advisor to the company until January 2025.
unilad
17h
People can't believe true story behind iconic Nike logo
The 'crazy' story behind Nike's iconic 'Swoosh' logo is making people relieved there's 'a happy ending'. There's no doubt ...
10h
on MSN
Nike names Elliott Hill as CEO, replacing John Donahoe
Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month.
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 ...
Reuters
7m
Nike's new CEO may look to fix retailer ties in sales revival push
Sept 20 (Reuters) -
Nike
's new CEO will likely focus on repairing relations with retailers to boost demand, a strategy that ...
ViralPress on MSN
4d
Pigeon has a perfect Nike logo formed on its tail
A passerby spotted a pigeon with a perfect Nike logo formed on its tail. Sarot Chantaweroad encountered the uncanny bird, ...
1d
Nike Pays Homage to the Legendary Harlem Globetrotters With New Sneaker Set
A sneaker homage to the legendary Harlem Globetrotters exhibition basketball team is set to be released soon courtesy of Nike ...
USA Today
2d
Nike Coupons
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Nike
is an American brand known for its athletic footwear and
clothing
and signature swoosh
logo
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Nike
is headquartered in ...
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 ...
18h
The Corteiz x Nike Air Max 95 ‘Tour Yellow’ Is Coming in Hot
No official release date has been set for the Corteiz x Nike Air Max 95 ‘Tour Yellow,’ but it's expected to drop in early ...
11h
on MSN
Nike boss steps down as company veteran returns
The company looks to shake things up as demand for its trainers falters in international markets.
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