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Nike veteran Hill to replace Donahoe
Nike's next CEO Hill brings a bootstraps mentality
Elliott Hill started at Nike as an intern in 1988 but steadily scaled its ranks, banking on values of grit and hard work ingrained in him as the son of a single mom in a working class Texas neighborhood.
Nike CEO John Donahue to retire; company veteran Elliot Hill will replace him
Sept. 20 (UPI) -- Nike announced that CEO and President John Donahue will retire and be replaced by former Nike executive Elliott Hill. Hill, who retired from Nike in 2020 while he was president of the company's consumer and marketplace division, will take on the lead role and become part of the company's board of directors on Oct. 14.
Nike stock pops after retailer names former executive Elliott Hill as CEO
Nike said Thursday that 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 adviser to the company until January 2025.
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Nike Stock Runs Toward Best Day Of 2024 As Wall Street Reacts To CEO Change Amid Slump
One analyst said the “highly anticipated leadership change will inject a much-needed sense of urgency” to Nike, whose share price remains down 50% from its 2021 peak.
2h
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 ...
9h
Nike: College Sports Driving The Turnaround
College endorsements could help revive Nike's struggling stock, with strong growth potential in China and promising brand ...
17h
Nike is struggling. It’s shaking up its CEO
The athletic giant announced Thursday that CEO John Donahoe will retire next month and will be replaced by Elliott Hill, a ...
17h
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 ...
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