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Nike Paid $104 Million to CEO Donahoe Before He Was Ousted

Nike Inc. 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.

UPI on MSN · 2h

Nike CEO John Donahue to retire; company veteran Elliot Hill will replace him

Sept. 20 (UPI) -- Nike announced that CEO and President John Donahue will retire and be replaced by former Nike executive Elliott Hill. Hill, who retired from Nike in 2020 while he was president of the company's consumer and marketplace division, will take on the lead role and become part of the company's board of directors on Oct. 14.

Detroit News · 37m

Nike names Elliott Hill as CEO, replacing John Donahoe

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

Nike is getting a new CEO

Fox Business on MSN · 16h

Nike's new CEO: What to know

Nike has pulled longtime company veteran Elliott Hill out of retirement to serve as president and chief executive, replacing CEO John Donahoe.

Business Insider on MSN · 17h

Nike is bringing back a long-time exec as CEO — and he could be what the sportswear brand needs

Nike says Elliott Hill will replace John Donahoe as CEO in October. Nike has struggled to turn around its business over the last year.

CNN on MSN · 17h

Nike is making a major shakeup

Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant announced Thursday that CEO John Donahoe will retire next month and will be replaced by Elliott Hill, a veteran former Nike executive.

17mon MSN

These Stocks Are Moving the Most Today: FedEx, Nike, Trump Media, Lennar, and More

FedEx cuts its fiscal-year outlook following weaker-than-expected fiscal first-quarter earnings, while Nike stock rallies ...

MarketWatch6m

Nike’s stock has been dogged by these issues. Can a new CEO change the game?

Shares of Nike Inc. climbed more than 6% Friday after the sneaker maker and sportswear giant announced a CEO switch. But ...

Why Nike Just Did It

Investors are hoping that replacing John Donahoe as chief executive will lift its stock price and restore the brand’s cool ...

5hon 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 ...

41m

Nike Stock Runs Toward Best Day Of 2024 As Wall Street Reacts To CEO Change Amid Slump

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.

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, ...

8hon 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, ...

Watch These Nike Price Levels as Stock Jumps After Company Appoints New CEO

Nike shares moved higher Friday after the world’s largest athletic apparel and equipment company announced Elliott Hill will ...

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