nike stock retirement news

Nike stock jumps 8% as investors bet new CEO Elliott Hill can fix sneaker maker’s woes

The shoe giant's shares are down over 20% year-to-date after an ambitious direct-selling strategy opened the door to competition.

LA Times on MSN · 9h

Nike names new CEO amid flagging sales and stock slump

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

Kiplinger · 11h

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.

Stock Market, Fed

Kiplinger · 7h

Stock Market Today: Stocks Close Out Fed Week on a Quiet Note

Stocks were choppy Friday as market participants took a breather following Thursday's Fed-fueled rally. While buzz continued to swirl around the Federal Reserve's jumbo-sized rate cut from earlier this week, today's headlines centered mostly on single-stock news, including Nike's ( NKE) big C-suite shake-up.

MarketWatch · 7h

Stock Market Today: Dow notches fresh record high, books weekly gain after Fed rate cut

The Dow Jones Industrial Average closed modestly higher Friday to notch a fresh record high, with major benchmarks booking weekly gains in the wake of the Federal Reserve’s large interest-rate cut on Wednesday.

Markets Insider on MSN · 7h

Stock market today: US stocks end mixed but finish the week near record highs after the Fed's first rate cut in 4 years

The Dow closed at a record high on Friday. Investors see more gains ahead as the Fed kicks off a new cycle of easing interest rates.

Nike’s new CEO climbed his way from intern to top boss in almost 30 years

On Thursday, Nike’s stock soared after the news that Hill would replace current CEO John Donahoe, who will step down next ...

16hon MSN

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 ...

16h

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 ...

15h

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 ...

New Nike CEO’s first words to staff: ‘Things haven’t been easy’

Elliott Hill, the newly named chief executive officer of Nike, acknowledged that things have been rough for the world's ...

1don MSN

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 ...

Consumer Stocks Rise as Nike Picks New Leader -- Consumer Roundup

Elliott Hill, who in 2020 retired as the company's president of consumer and marketplace, will succeed Donahoe as president and CEO starting Oct. 14, Nike said Thursday. Donahoe w ...

Nike is getting a new CEO as struggles mount

The athletic giant announced Thursday that CEO John Donahoe will retire next month and will be replaced by Elliott Hill, a ...

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