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New Nike CEO’s 1st Words to Staff

Business Insider on MSN · 21m

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.

CNN on MSN · 15h

Nike is making a major shakeup

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 replaced by Elliott Hill, a veteran former Nike executive.

Bloomberg on MSN · 11h

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 veteran Hill to replace Donahoe

Hosted on MSN · 2h

Nike Replaces CEO With Veteran Executive Hill in Revival Bid

Nike Inc. ousted beleaguered Chief Executive Officer John Donahoe, bringing longtime executive Elliott Hill out of retirement in a bid to return the struggling athletic brand to its glory days.

Fast Company · 14h

Nike stock jumps after hours on news that CEO John Donahoe is being replaced by company veteran Elliott Hill

Nike Inc stock price jumped in after-hours trading Thursday on news that CEO John Donahoe is retiring and will be replaced by Elliott Hill.

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.

2hon 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 ...

2h

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 ...

1h

Wall Street Breakfast Podcast: Nike Rallies As New CEO Boosts Hopes

Nike faces challenges even as a new CEO brightens the spirits of investors. Warren Buffett's Berkshire continues to trim Bank ...

3h

Nike's new CEO was an intern at the brand in 1988. He's now in charge of saving one of the biggest sports apparel legacies in the world.

Over the course of over 30 years, he worked his way up to top management. Management experts say the company veteran could ...

1hon MSN

These Stocks Are Moving the Most Today: FedEx, Nike, Trump Media, Lennar, and More

FedEx cuts its fiscal-year outlook following weaker-than-expected fiscal first-quarter earnings, while Nike stock rallies ...

11hon MSN

Nike faces challenges even as a new CEO brightens the spirits of investors

Nike (NYSE:NKE) turned some heads on Thursday by announcing that CEO John Donahoe will step down to be replaced by Elliott ...

9hon MSN

Nike's new CEO can't rest on retro styles and must innovate to turn the company around, analyst says

Nike is naming Elliott Hill, a company veteran of more than 30 years, as its new CEO.In the past few years, Nike relied too ...

13hon MSN

Nike boss steps down as company veteran returns

The company looks to shake things up as demand for its trainers falters in international markets.

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