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 veteran Hill to replace Donahoe as CEO; shares jump
Nike said on Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and CEO, as the sportswear giant shakes up its top rank amid efforts to revive sales and battle rising competition.
Chief Executive Of US Sportswear Giant Nike To Retire
SAN JOSE (California), Sept 20 (Bernama-dpa) -- The chief executive of US sportswear giant Nike will retire, the company announced on Thursday, according to German news agency (dpa). John Donahoe would step down from his role as president and chief executive on October 13, Nike said.
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's next CEO Hill brings a bootstraps mentality
Elliott Hill started at Nike as an intern in 1988 but steadily scaled its ranks, banking on values of grit and hard work ingrained in him as the son of a single mom in a working class Texas neighborhood.
Nike Replaces CEO Donahoe With Veteran Executive 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.
Nike boss steps down as company veteran returns
The company looks to shake things up as demand for its trainers falters in international markets.
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,
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