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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.
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.
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%.
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 ...
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 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.
Nike shares surged immediately after Hill’s role was announced Hill has only been CEO of the sports giant for a few months, succeeding John Donahue, who led the $107 billion company from 2020 to ...
Elon Musk is the wealthiest person in the world, with an estimated net worth of US$385 billion as of February 23, 2025, according to the Bloomberg Billionaires Index, [421] and $384 billion according to Forbes, [422] primarily from his ownership stakes in Tesla, Inc., and SpaceX.