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Nike's CEO Is Out. Here's What Could Happen Next.
Let's see how this could play out. Nike's been under pressure for a while, but it got much worse in fiscal 2024 (ended May 31). Fourth-quarter sales were down 2% year over year, and Nike Direct sales dropped 7%.
Nike's new CEO has been with the company for 32 years
Elliot Hill, Nike's CEO, is being hailed as a man with the best LinkedIn profile as he was part of the same company for more than three decades.
Here Are 3 Big Challenges Nike’s New CEO Will Face
Key Takeaways Incoming Nike CEO Elliott Hill will face a number of challenges, including concerns about the "newness" of Nike's products, rising competition and persistent headwinds in China.Analysts say next week's quarterly earnings release and Nike's investor day,
Nike's New CEO Could Return the Company to Stock Market Glory
Nike (NYSE: NKE) just announced that its current CEO has retired, and it’s bringing in a long-time employee to take the helm. Elliott Hill will become Nike's CEO on Oct. 14. He hopes to be the new face the company needs to turn its fortunes around.
8d
on MSN
Nike's new CEO acknowledges the brand's rough run in his first message to staff
In his first message to employees, Nike's new CEO, Elliot Hill, acknowledged that the company faces challenging times.
4d
Black Twitter Sparks Debate On Equality After Nike Names New CEO Who Started As An Intern
Black Twitter launched a discussion around Nike's recent appointment of Elliott Hill as the sports retail giant's new CEO.
8d
Nike CEO Announcement 'Icing On The Cake' For Bulls: 8 Analysts React To Elliot Hill's Ascension
The announcement that Nike Inc NKE is b ringing in Elliot Hill as the new CEO could be a positive change given his experience ...
TechRound
3d
From Zero to Hero: Elliot Hill Announced as Incoming Nike CEO
Nike announced the retirement of CEO and President John Donahoe. His replacement is Elliot Hill, a long-time Nike employee ...
8d
Elliot Hill set to become new Nike CEO, had waited for 6 months to become an intern in 1988
Elliot Hill first joined Nike as an intern in 1988 and steadily rose through the ranks, holding various leadership roles ...
8d
on MSN
Meet man who once 'begged' to be hired as intern at Nike, now set to become its CEO, his salary is....
Elliot Hill joined Nike as in intern in 1988 and the internship did not come easy as he literally "begged" to be hired to the ...
8d
Nike’s stock has been dogged by these issues. Can a new CEO change the game?
New Nike CEO Elliot Hill is inheriting “a turnaround that has yet to show momentum,” according to Stifel analyst Jim Duffy.
8d
Who is Elliott Hill? Meet Nike’s New CEO
Next up is Elliott Hill, a Texas native with a charming George Clooney mug, a lingering Southern drawl, and decades of ...
SportsPro
8d
Nike CEO John Donahoe retires with former intern Elliot Hill appointed successor, plus more
Hill, who left in 2020 after 30 years at the sportswear giant, returns to Nike to succeed Donahoe, who will remain an advisor ...
KOIN 6
9d
Nike CEO John Donahoe to be replaced by ‘long-time veteran’
John Donahoe has announced his retirement as Nike CEO, with Elliot Hill set to replace him on Sept. 19, while Donahoe will remain an advisor until January 2025.
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