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The former leader returns to the athletic sportswear and apparel company, which has seen sluggish sales in the past year.
Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month.
The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three ...
On Thursday, Nike’s stock soared after the news that Hill would replace current CEO John Donahoe, who will step down next ...
The shoe industry got a welcome surprise Thursday afternoon when the Swoosh announced a long-awaiting change to the top of ...
Hill faces challenges like restoring innovation, rebuilding wholesale partnerships, and improving financial performance after ...
Nike stock is higher Friday after the embattled retailer announced a 32-year company veteran will return as its incoming CEO.
Investors are hoping that replacing John Donahoe as chief executive will lift its stock price and restore the brand’s cool ...
Hill has played up his background as a Nike veteran, and his hiring is a sign that Nike is turning to company insiders to ...
Nike's new CEO will likely focus on repairing relations with retailers to boost demand, a strategy that took a back seat ...
Nike says Elliott Hill will replace John Donahoe as CEO in October. Nike has struggled to turn around its business over the ...