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“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 ...
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.
CEO. John Donahoe, as of January 2020. ... Using that measure, Nike’s net worth as of May 31 was $15.28 billion. ... Nike remains the top dog in its industry. For its fourth fiscal quarter of ...
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'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.
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 ...
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.
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%.