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New Nike CEO Elliot Hill is inheriting “a turnaround that has yet to show momentum,” according to Stifel analyst Jim Duffy.

Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month.

One analyst said the “highly anticipated leadership change will inject a much-needed sense of urgency” to Nike, whose share price remains down 50% from its 2021 peak.

Disney told employees on Thursday that it will no longer use Slack for internal communication after a hack earlier this year ...

On the executive front, Nike (NKE) shares are jumping on the news CEO Phil Donahue will retire next month and will be replaced by Elliot Hill. Shares of Nike have declined over 20% this year. Yahoo ...

Elliott Hill rejoins as CEO after retiring from 32 years at the company in 2020. Here's what LinkedIn members are saying ...

Nike aims to regain market share, especially in the running category, by spotlighting performance products and introducing ...

On the executive front, Nike (NKE) shares are jumping on the news CEO Phil Donahue will retire next month and will be replaced by Elliot Hill. Shares of Nike have declined over 20% this year. Yahoo ...

On the executive front, Nike (NKE) shares are jumping on the news CEO Phil Donahue will retire next month and will be replaced by Elliot Hill. Shares of Nike have declined over 20% this year. Yahoo ...

Sept. 20 (UPI) -- Nike announced that CEO and President John Donahue will retire and be replaced by former Nike executive ...

On Friday, NIKE, Inc. (NKE) saw a notable increase of +5.59%, bringing its stock price to $85.51 during premarket trading. This movement comes in the wake of significant news regarding a leadership ...