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Nike, Elliott Hill and John Donahoe
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 veteran Hill to replace Donahoe as CEO; shares jump
Nike said on Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and CEO, as the sportswear giant shakes up its leadership amid efforts to revive sales and battle rising competition.
9h
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.
5h
Nike CEO Announcement 'Icing On The Cake' For Bulls: 8 Analysts React To Elliot Hill's Ascension
The announcement that Nike Inc NKE is b ringing in Elliot Hill as the new CEO could be a positive change given his experience ...
12h
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 ...
12h
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, ...
8h
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 ...
8h
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 Inc. Cl B stock rises Friday, outperforms market
Shares of Nike Inc. Cl B NKE rallied 6.84% to $86.52 Friday, on what proved to be an all-around mixed trading session for the ...
13h
Nike: Management Shift and Financial Outlook Prompt Hold Rating
Nike (NKE – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst yesterday. Analyst Alexandra ...
7h
Why Nike (NKE) Stock Is Up Today
Charting, Price Performance, News & Related Contracts.
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