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Nike, Elliott Hill and John Donahoe
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 John Donahoe.
Nike CEO to Retire, Stock Jumps 10%
Nike stock was soaring after the company announced that it’s CEO would retire. CEO John Donahoe will be stepping down Oct. 13, and will remain an advisor to the company through Jan. 31. He will be replaced by former Nike executive Elliott Hill,
Nike Stock Jumps on CEO Change
Shares in Nike (NKE) surged after the sneaker company said it was getting a new chief executive. John Donahoe will retire as CEO next month after nearly five years at the helm, Nike said late Thursday.
45m
Nike's new CEO was an intern at the brand in 1988. He's now in charge of saving one of the biggest sports apparel legacies in the world.
Over the course of over 30 years, he worked his way up to top management. Management experts say the company veteran could ...
12h
on 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 ...
The Washington Post on MSN
11h
Nike CEO John Donahoe to step down; will be replaced by Elliott Hill
Nike
chief executive John Donahoe will retire next month, the company announced Thursday — marking the latest shake-up for ...
7h
on MSN
Nike's new CEO can't rest on retro styles and must innovate to turn the company around, analyst says
Nike is naming Elliott Hill, a company veteran of more than 30 years, as its new CEO.In the past few years, Nike relied too ...
9h
on MSN
Nike faces challenges even as a new CEO brightens the spirits of investors
Nike (NYSE:NKE) turned some heads on Thursday by announcing that CEO John Donahoe will step down to be replaced by Elliott ...
Bloomberg on MSN
8h
New Nike CEO’s First Words to Staff: ‘Things Haven’t Been Easy’
Elliott Hill, the newly named chief executive officer of Nike Inc., acknowledged that things have been rough for the world’s ...
12h
on MSN
Nike welcomes boomerang CEO with $27 million payday
To welcome him back into the fold, Nike offered Hill a total compensation package valued at $27 million. That includes equity ...
10h
on MSN
Nike boss steps down as company veteran returns
The company looks to shake things up as demand for its trainers falters in international markets.
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