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Nike, Elliott Hill

Los Angeles Times · 17h

Nike names new CEO amid flagging sales and stock slump

Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month.

New York Post · 19h

Nike stock surges 8% as new CEO Elliott Hill tries to rally the troops

Nike stock is up more than 8% following the Oregon-based company’s announcement on Thursday that John Donahoe was stepping down as CEO.

Nike's new CEO may look to mend retailer ties in sales revival push

Sept 20 (Reuters) - Nike's new CEO is expected to double down on the company's efforts to repair relations with retailers to energize sales, reversing a strategy under outgoing chief John Donahoe that focused on selling directly through its stores and website.

Nike's new CEO climbed his way from intern

Axios on MSN · 1d

Nike names new CEO amid sales concern

Nike said Thursday that its president and CEO John Donahoe is retiring and will be replaced by a former senior executive, Elliott Hill. Why it matters: The sportswear giant warned in June of flagging sales and Axios' Hope King noted then that Nike's innovation and distribution strategies had struggled to win budget-conscious consumers or beat back growing competition.

Nike’s new CEO climbed his way from intern to top boss in almost 30 years

On Thursday, Nike’s stock soared after the news that Hill would replace current CEO John Donahoe, who will step down next month. Hill is a familiar face, spending basically his entire career at the sports-retail company.

Business Insider on MSN · 1d

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.

1d

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 ...

Dagens.com India (Eng) on MSN2h

Nike Brings Veteran Out of Retirement in Reaction to Company Crisis

The company has struggled with declining sales, missing its earnings targets and facing predictions of a 10% drop in revenue.

1don MSN

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 ...

14h

New Nike CEO’s first words to staff: ‘Things haven’t been easy’

Elliott Hill, the newly named chief executive officer of Nike, acknowledged that things have been rough for the world's ...

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