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Nike, Elliott Hill
Former Nike CEO John Donahoe’s downfall is a brutal lesson in corporate leadership
When Nike said on Thursday that John Donahoe was stepping down as chief executive officer, his exit from a rocky tenure offered a brutal reminder to corporate boards: Focus on what a company's core business is when looking for a new CEO.
New Nike CEO’s first words to staff: ‘Things haven’t been easy’
Elliott Hill, the newly named chief executive officer of Nike, acknowledged that things have been rough for the world's largest sportswear brand in his first message to staff on Thursday.
Nike Spent $104 Million on CEO Donahoe Before He Was Ousted
Nike spent nearly $104 million on pay and benefits for John Donahoe during his near five-year tenure atop the sneaker-maker, before replacing the former Bain & Co. executive in a bid to revive the brand.
1h
New Nike CEO May Seek to Repair Retailer Ties
Company veteran Elliott Hill will lead a turnaround effort at the global sportswear giant, where sales have faltered and ...
1h
on MSN
Nike’s New CEO Spurs Celebratory Memes, Toasts and Shakeup Fears
Phil Knight and other parts of the Nike universe lauded the hiring of Elliott Hill as the sneaker giant’s next chief ...
Observer
34m
Amid CEO Shakeup and Stock Slump, Wall Street Is Still Bullish on Nike
The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three ...
12h
on MSN
Nike's incoming CEO will make $27 million — over $2 million less than his predecessor
Elliott Hill, a veteran employee at Nike, is returning to the company. But he'll earn over $2 million less than outgoing CEO ...
5h
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 ...
Marketplace
22m
The rewards — and risks — when companies bring a CEO back
Some boards see reinstating a previous executive as a temporary solution — a familiar face can foster stability in a ...
6h
on MSN
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 ...
19h
on MSN
Nike's new CEO can't rest on retro styles and must innovate to turn the company around, analyst says
With Nike's new incoming CEO Elliott Hill, Nike needs to re-focus on innovation and selling great stories around its shoes, ...
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elliot hill
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