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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 help turn Nike around.
Nike welcomes new CEO with $27 million payday
Nike on Thursday announced it would replace CEO John Donahoe with his former colleague, Elliott Hill, sending the stock soaring on the news. Hill, 60, is returning to Nike four years after retiring from the sneaker giant.
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 veteran former Nike executive. Nike’s stock rose 9% during after-hours trading Thursday,
Nike is bringing back a long-time exec as CEO — and he could be what the sportswear brand needs
Nike says Elliott Hill will replace John Donahoe as CEO in October. Nike has struggled to turn around its business over the last year.
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.
Nike CEO to Retire and the Stock Rallies
Nike’s beleaguered stock was rising sharply after the company announced that its CEO would retire.The athletic shoe and apparel maker has been hurt in recent years from a slowdown in China and competition from upstarts like Deckers Outdoor’s Hoka brand and On Holding.
Nike names new CEO amid sales concern
Nike said Thursday that its president and CEO John Donahoe is retiring and will be replaced by a former senior executive, Elliott Hill. Why it matters: The sportswear giant warned in June of flagging sales and Axios' Hope King noted then that Nike's innovation and distribution strategies had struggled to win budget-conscious consumers or beat back growing competition.
Nike's CEO is leaving — and its next chief is coming out of retirement
Nike CEO John Donahoe. A leadership change is underway at Nike (NKE) as current CEO John Donahoe steps down, and longtime veteran Elliott Hill takes the helm, the company said on Thursday. Shares of Nike jumped by over 7% in after-hours trading following the announcement.
18d
on MSN
Nike has a secret design archive. This new museum show takes you inside of it
More than 200,000 rare Nike artifacts are preserved in a hidden archive. Now, some of them are on view at the Vitra Museum.
10d
Nike Is Giving the Iconic Air Max 95 an Original ‘Big Bubble’ Update
Now, the Nike Air Max 95 “Neon” will reportedly return to its original Air bubble sizing with its own “Big Bubble” release in ...
10d
on MSN
He is the Shoe Surgeon to LeBron, Usher and other stars. Nike says he’s gone too far
Dominic Ciambrone is the go-to sneaker customizer for celebrities, brands and wealthy shoe collectors around the world. In ...
Footwear News on MSN
14d
Nike Made a Big Change to This Kobe Bryant Sneaker for NBA All-Star 2025
In addition to the highly anticipated Air Jordan 5 Retro "Black/Metallic" Reimagined, which is expected to arrive at retail ...
8d
Penny Hardaway’s Original Nike Air Foamposite One Returns This Week
Kerry Washington Channels Olivia Pope at Michael Kors Spring 2025 Presentation In Black Pumps and Suit Madonna Defies Gravity ...
12h
The Best Marathon Racing Shoes (2024)
After a year of testing, we've identified 12 marathon shoes that will boost your performance and make the race more enjoyable ...
6d
I ran 40 miles in the Nike Pegasus Plus and it brings back the magic of the Pegasus Turbo
The midsole on the Nike Pegasus Plus is entirely made from ZoomX, the PEBA foam that Nike has used on its racing shoes like ...
Briefly on MSN
7d
“She Blocked My Number”: Woman Shares Personal Shopper Bought ‘Nine’ Clogs Instead of Nike Shoes
A young woman shared that her personal shopper bought her a pair of Nine-branded clogs instead of Nike Mules. People cracked jokes at the unfortunate purchase.
4d
Ben Affleck's most recent Air Jordans are now selling for 30 times their original price
You already know that Ben Affleck has one of the most outrageous sneaker collections in Hollywood. After dusting off the Nike ...
Fucking Young!
11d
Patta and Nike Celebrate Two Decades with Iconic Chlorophyll Re-Release
Patta and Nike are joining forces to celebrate two momentous occasions: Patta's 20th anniversary and 15 years of ...
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