Nike names company veteran Elliott Hill as new CEO; John …
WEB8 hours ago · Nike 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 top rank amid efforts to ...
Nike is struggling. It’s shaking up its CEO | CNN Business
WEB7 hours ago · CNN. 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 ...
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Nike CEO John Donahoe Stepping Down, Elliott Hill to Succeed as ...
WEB7 hours ago · Photo: Tingshu Wang/REUTERS. Nike NKE 0.10% Chief Executive John Donahoe is leaving the sneaker company. Company veteran Elliott Hill is returning to Nike and will take the CEO reins as of Oct. 14 ...
Nike Appoints Elliott Hill to Replace John Donahoe as CEO
WEB8 hours ago · ByJonathan Roeder. September 19, 2024 at 4:21 PM EDT. Save. Nike Inc.said. that longtime executive Elliott Hill is coming out of retirement to replace John Donahoeas chief executive officer. Nike ...
Nike’s new chief runs into trouble as turnaround efforts falter
WEBJul 9, 2024 · Wall Street, disappointed with Nike stock that has fallen 30 per cent since the start of the year, is openly calling for “regime change” in upper management. “Having a tech executive who came in...
NIKE Announces Leadership Changes to Accelerate the Future of …
WEBNov 14, 2023 · Dr. Muge Erdirik Dogan will join NIKE, Inc. as Chief Technology Officer (CTO) to further deepen and strengthen the speed, efficiency, and quality of Nike’s consumer experiences with products ...
Nike CEO John Donahoe comes under fire as stock sees worst day …
WEBJun 28, 2024 · The plunge wiped about $28 billion off of Nike’s market cap, bringing it to just under $114 billion from $142 billion a day earlier. As Wall Street digested the dismal outlook from the...
Nike expects more sales declines as it attempts a comeback - NBC News
WEBJun 28, 2024 · The sneaker giant now expects fiscal 2025 sales to be down mid-single digits, compared to analyst estimates of a 0.9% increase. Nike previously expected sales to grow. The company said Thursday...
Nike says it will cut $2 billion in costs in a major warning for ... - CNN
WEBDec 22, 2023 · The company said it’s looking for as much as $2 billion in cost savings in the next three years, which includes laying off employees. Shares of Nike (NKE) tumbled as much as 14% Friday.