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  2. How Nike’s new CEO plans to rebound from its worst year ever

    www.aol.com/finance/nike-ceo-plans-rebound-worst...

    “By the end of the year, Nike stock was down nearly 60% from its November 2021 high,” Gordon writes. Layoffs of some 750 employees took place in July, including 32 vice presidents, 112 senior ...

  3. 'We lost our obsession with sport': New Nike CEO outlines ...

    www.aol.com/lost-obsession-sport-nike-ceo...

    Nike's Q2 financial performance "largely met expectations," but net revenue fell 7.7% to $12.35 billion, ... New Nike CEO Elliott Hill: 'We lost our obsession with sport' Show comments. Advertisement.

  4. Phil Knight - Wikipedia

    en.wikipedia.org/wiki/Phil_Knight

    Philip Hampson Knight (born February 24, 1938) is an American billionaire businessman and philanthropist who is the co-founder and chairman emeritus of Nike, Inc., a global sports equipment and apparel company. He was previously its chairman and CEO. [1] As of January 2025, Forbes estimated his net worth at $33 billion.

  5. Nike welcomes new CEO with $27 million payday - AOL

    www.aol.com/finance/nike-welcomes-ceo-27-million...

    John Donahoe, who has led Nike since 2020, will stay on until he steps down on Oct. 14. Donahoe will stick around as a full-time non-executive employee of the company until his Jan. 31, 2025 ...

  6. Nike's CEO Is Out. Here's What Could Happen Next. - AOL

    www.aol.com/nikes-ceo-heres-could-happen...

    This itself could be worth quite a lot to an investor. The stock trades at a forward one-year P/E ratio of 24, which is a reasonable valuation. In general when there's flux, it's prudent for ...

  7. Nike CEO Elliott Hill: Our turnaround will be challenging and ...

    www.aol.com/finance/nike-report-earnings...

    Nike is taking a step in the right direction under new CEO Elliott Hill.The footwear brand posted its fiscal second quarter earnings on Thursday after market close. Its revenue of $12.35 billion ...

  8. Shoe Dog - Wikipedia

    en.wikipedia.org/wiki/Shoe_Dog

    Shoe Dog [2] is a memoir by Nike co-founder Phil Knight. [3] The memoir chronicles the history of Nike from its founding as Blue Ribbon Sports and its early challenges to its evolution into one of the world's most recognized and profitable companies. It also highlights certain parts of Phil Knight's life. The book was ghostwritten by J. R ...

  9. Nike CEO changeup has investors optimistic as it returns to ...

    www.aol.com/finance/nike-ceo-changeup-investors...

    The company's net profits dropped to $6.5 billion in its most recent fiscal year, down from $6.9 billion two years ago. Operating profit margins during this time decreased to 12.7% from 14.7%.