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Nike C.E.O. John Donahoe Abruptly Retires Amid Declining Sales

Elliott Hill, an executive who left the company after Donahoe’s appointment in 2020, will return as chief executive, Nike’s board said.

MarketWatch on MSN · 13h

Nike’s shares are rallying after it named a new CEO. One analyst says it still has work to do.

Elliott Hill will replace John Donahoe as chief executive next month, following months of struggles for the athletic-wear giant.

KGW-TV Portland on MSN · 15h

John Donahoe to step down as CEO at Nike, will be replaced by Elliott Hill

BEAVERTON, Ore. — Nike announced Thursday that John Donahoe will retire from his role as president and CEO, effective Oct. 13. Elliott Hill, a former president of consumer and marketplace at the company, will replace Donahoe as president and CEO, starting Oct. 14.

14hon 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 ...

14h

Nike CEO calls it quits as sportswear giant’s sales sink

Nike said Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and ...

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Nike Inc Class B NKE

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

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Nike is getting a new CEO as struggles mount

Meanwhile, Nike’s effort to change its distribution strategy has backfired. The company in recent years has slashed the number of traditional retailers that sell its goods, while attempting to shift ...

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