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Nike, John Donahoe and Elliott Hill
Nike Replaces CEO Donahoe With Veteran Executive in Revival Bid
Nike Inc. ousted beleaguered chief executive John Donahoe, bringing longtime executive Elliott Hill out of retirement to return the struggling athletic brand to its glory days.Hill, 60, originally joined Nike in 1988 and served as president of consumer and marketplace before he retired in 2020.
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 offered a brutal reminder to corporate boards: Focus on what a company's core business is when looking for a new CEO.
John Donahoe to step down as CEO at Nike, will be replaced by Elliott Hill
Donahoe will stay on as an advisor at Nike through the end of January 2025. Hill will also become a member of the board of directors and executive committee. "I am excited to welc
1d
on MSN
Nike’s new CEO climbed his way from intern to top boss in almost 30 years
Nike’s stock soared after the news that Hill would replace current CEO John Donahoe, who will step down next month. Hill is a ...
1d
Nike's new CEO may look to mend retailer ties in sales revival push
Nike's new CEO is expected to double down on the company's efforts to repair relations with retailers to energize sales, ...
1d
on MSN
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 ...
1d
Nike welcomes new CEO with $27 million payday
Nike is replacing CEO John Donahoe with his former colleague, Elliott Hill, who previously worked at the shoe giant for over ...
1d
on MSN
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 ...
2d
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 ...
1d
Nike is changing CEOs, but analysts don't see a quick fix
In a big shakeup, Nike is set to change its CEO, a move that has sparked both optimism and skepticism from Wall Street.
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