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Elliott Hill Takes Helm as Nike CEO
Nike stock jumps 8% as investors bet new CEO Elliott Hill can fix sneaker maker’s woes
The shoe giant's shares are down over 20% year-to-date after an ambitious direct-selling strategy opened the door to competition.
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.
Nike Decides To ‘Just Do It’ And Replaces CEO John Donahue With Company Veteran Elliott Hill
Outgoing Nike CEO John Donahue made strategic missteps, most especially losing his team's winning spirit.. In-coming 32-year Nike veteran Elliott Hill will restore it.
FedEx, Nike, Trump Media, Mercedes-Benz
Top Stock Movers Now: FedEx, Nike, Constellation Energy, and More
The S&P 500 and Nasdaq lost ground at midday Friday after rallying to record highs Thursday in the wake of the Federal Reserve's rate cut.
These Stocks Are Moving the Most Today: FedEx, Nike, Trump Media, Lennar, Constellation Energy, and More
FedEx cuts its fiscal-year outlook following weaker-than-expected fiscal first-quarter earnings, Nike stock rallies after the company announces CEO John Donahoe will be retiring, and Trump Media shares tumble as selling restrictions on former President Donald Trump expire.
Stocks to Watch Friday: FedEx, Nike, Trump Media, Mercedes-Benz
Nike shares climbed 6% in premarket trading. The sportwear company said Thursday that John Donahoe would retire as chief executive next month, [capping a five-year tenure](
57m
Nike Stock Climbs as Wall Street Analysts Welcome a CEO Change
Nike's hard-hit shares rallied Friday as Wall Street analysts largely welcomed the company's appointment of veteran executive ...
1h
Why Nike Stock Is Running Higher Friday
But Nike shares are running higher today. After jumping nearly 9% Friday morning, as of 10:35 a.m. ET, the stock was still ...
8h
on MSN
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 ...
5h
Why Nike Just Did It
Investors are hoping that replacing John Donahoe as chief executive will lift its stock price and restore the brand’s cool ...
20h
on MSN
Nike is making a major shakeup
Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant ...
20h
on MSN
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 ...
3h
on MSN
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, ...
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