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Nike, John Donahoe and Elliott Hill
Nike's CEO is leaving — and its next chief is coming out of retirement
A leadership change is underway at Nike (NKE) as current CEO John Donahoe steps down, and longtime veteran Elliott Hill takes the helm, the company said on Thursday. Shares of Nike jumped by over 7% in after-hours trading following the announcement.
Nike Investors Glad Donahoe Is Out, but Hill Has Long Road Ahead
After losing market share in recent years, Nike faces near-term challenges such as the sales momentum among competitors.
Nike stock jumps after hours on news that CEO John Donahoe is being replaced by company veteran Elliott Hill
Nike Inc stock price jumped in after-hours trading Thursday on news that CEO John Donahoe is retiring and will be replaced by Elliott Hill.
4h
Nike Stock Rallies on CEO Switch: What to Know
Nike stock is higher Friday after the embattled retailer announced a 32-year company veteran will return as its incoming CEO.
2h
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 ...
3h
Nike: Taking Advantage Of Positive News To Exit (Rating Downgrade)
Nike has strong fundamentals, but faces volatile profit margins and returns, leading to investor disappointment. Learn why ...
SchaeffersResearch.com
4h
Nike Stock Jumps on CEO Change-Up
Nike (NKE) stock is on the rise after news that CEO John Donahue is stepping down, to be replaced by Elliott Hill ...
7h
Nike (NKE) Receives a Rating Update from a Top Analyst
Oppenheimer analyst Brian Nagel maintained a Buy rating on Nike (NKE – Research Report) today and set a price target of $120.00. The ...
7h
Nike CEO changeup has investors optimistic as it returns to its product roots
Nike ( NKE) investors are running with the idea of 32-year insider Elliott Hill returning the sneaker giant to glory as CEO, ...
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