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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 ...
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 ...
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%.
He was previously its chairman and CEO. [1] As of January 2025, Forbes estimated his net worth at $33 billion. [2] [3] He is also the owner of the stop motion film production company Laika. Knight is a graduate of the University of Oregon and the Stanford Graduate School of Business.
Good morning. I would argue that most people like a comeback story. Fortune's latest feature offers a good one in the form of Nike's new CEO, Elliott Hill, a boomerang executive, who thinks he can ...
In today’s CEO Daily: Ruth Umoh on why retired CEOs keep coming back to the corner office. The big story: Russia is running out of money and weapons. The markets: DeepSeek triggers selloff in ...
Nike’s share prices surged more than 6% the day after Hill was announced as the company’s new chief executive. Hill says that the first thing on his agenda is re-engaging with the team he’s ...
Nike said in a regulatory filing that Hill's compensation as president and CEO will include an annual base salary of $1.5 million. He will take over as CEO on Oct. 14. Analysts cheered the move.