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Nike veteran Hill to replace Donahoe
Nike stock jumps 8% as investors bet new CEO Elliott Hill can fix sneaker maker’s woes
The shoe giant's shares are down over 20% year-to-date after an ambitious direct-selling strategy opened the door to competition.
Nike Decides To ‘Just Do It’ And Replaces CEO John Donahoe With Company Veteran Elliott Hill
Outgoing Nike CEO John Donahue made strategic missteps, most especially losing his team's winning spirit.. In-coming 32-year Nike veteran Elliott Hill will restore it.
Nike CEO John Donahoe to step down; will be replaced by Elliott Hill
Donahoe’s last day with Nike will be Oct. 13, but the company said in a news release he will remain as an adviser through the end of January. The embattled CEO, who took the helm at Nike in January 2020, will be replaced by Elliott Hill, a former Nike executive who retired in 2020.
7h
on MSN
Former Nike CEO John Donahoe’s downfall is a brutal lesson in corporate leadership
When Nike said on Thursday that John Donahoe was stepping down as chief executive officer, his exit from a rocky tenure ...
1d
Nike chief executive John Donahoe to step down
Nike chief executive John Donahoe will retire next month in an abrupt leadership change punctuating a period of dour ...
1d
on MSN
Nike is making a major shakeup
Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant ...
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 ...
capitalbrief
19h
Nike's shoe drops
There are lessons for all innovation-minded business operators in Nike's failed experiment with an 'uncool' CEO.
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