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 John Donahoe.
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 veteran Hill to replace Donahoe as CEO; shares jump
(Reuters) -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 leadership amid efforts to revive sales and battle rising competition. The company’s shares rose 8% in after-hours trading.
Nike Paid $104 Million to CEO Donahoe Before He Was Ousted
Nike Inc. spent nearly $104 million on pay and benefits for John Donahoe during his near five-year tenure atop the sneaker-maker, before replacing the former Bain & Co. executive in a bid to revive the brand.
Nike's new CEO: What to know
Nike has pulled longtime company veteran Elliott Hill out of retirement to serve as president and chief executive, replacing CEO John Donahoe.
Nike Stock Jumps on CEO Change
Shares in Nike (NKE) surged after the sneaker company said it was getting a new chief executive. John Donahoe will retire as CEO next month after nearly five years at the helm, Nike said late Thursday.
New Nike CEO’s First Words to Staff: ‘Things Haven’t Been Easy’
Elliott Hill, the newly named chief executive officer of Nike Inc., acknowledged that things have been rough for the world’s largest sportswear brand in his first message to staff on Thursday.
Nike taps company veteran as new CEO, and shares rally
Elliott Hill will replace John Donahoe as chief executive next month, following months of struggles for the athletic-wear giant.
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.
Why Nike Just Did It
Investors are hoping that replacing John Donahoe as chief executive will lift its stock price and restore the brand’s cool ...
Nike: College Sports Driving The Turnaround
College endorsements could help revive Nike's struggling stock, with strong growth potential in China and promising brand ...
He is the Shoe Surgeon to LeBron, Usher and other stars. Nike says he's gone too far
Instead, Nike tapped Dominic Ciambrone. From his manufacturing studio in South Los Angeles, Ciambrone, who calls himself th ...
Nike CEO changeup has investors optimistic as it returns to its product roots
Nike ( NKE) investors are running with the idea of 32-year insider Elliott Hill returning the sneaker giant to glory as CEO, ...
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The Nike Kobe 5 Protro “Year of the Mamba” Strikes
Kobe Bryant’s signature line has been coming in strong since its relaunch with Nike Basketball last year. Drops like the Kobe ...
I Reach for These Stylish Nike Shoes When I’m Walking the Long Haul
No matter how many miles you’re logging, the best Nike walking shoes are both cool and comfortable. Shop the best styles, ...
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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 ...
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 announced Thursday that CEO John Donahoe will retire next month and will be ...
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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 ...