“Hill represents hope for a strategic reset and cultural revival.” Cost-Cutting Donahoe came to Nike as only the second ...
Nike announced Thursday night that CEO John Donahoe will step down next month, with longtime company veteran Elliott Hill returning to take over. In overnight trading, Nike stock jumped.Please watch ...
One analyst said the “highly anticipated leadership change will inject a much-needed sense of urgency” to Nike, whose share price remains down 50% from its 2021 peak.