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Nike’s shares are rallying after it named a new CEO. One analyst says it still has work to do.
Elliott Hill will replace John Donahoe as chief executive next month, following months of struggles for the athletic-wear giant.
Nike faces challenges even as a new CEO brightens the spirits of investors
Nike (NYSE:NKE) turned some heads on Thursday by announcing that CEO John Donahoe will step down to be replaced by Elliott Hill. Hill spent his career at Nike (NKE) in various senior leadership positions across Europe and North America,
Nike is struggling. It’s shaking up its CEO
The athletic giant announced Thursday that CEO John Donahoe will retire next month and will be replaced by Elliott Hill, a veteran former Nike executive. Nike’s stock rose 9% during after-hours trading Thursday,
Nike taps company veteran as new CEO, and shares rally
Elliott Hill will replace John Donahoe as chief executive next month, following months of struggles for the athletic-wear giant.
Nike names new CEO amid sales concern
Nike said Thursday that its president and CEO John Donahoe is retiring and will be replaced by a former senior executive, Elliott Hill. Why it matters: The sportswear giant warned in June of flagging sales and Axios' Hope King noted then that Nike's innovation and distribution strategies had struggled to win budget-conscious consumers or beat back growing competition.
1h
Wall Street Breakfast Podcast: Nike Rallies As New CEO Boosts Hopes
Nike faces challenges even as a new CEO brightens the spirits of investors. Warren Buffett's Berkshire continues to trim Bank ...
4d
Jeffries boss Richard Handler shares email sent to Lehman Brothers’ CEO on the day it collapsed—and the lessons it taught him
And the lessons Richard Handler learned from the largest bankruptcy in U.S. history.
American Banker
14h
As TD's CEO passes the baton, an insider inherits big hurdles
Masrani, who's been at the helm of the Toronto-based bank for a decade, will pass the torch to Raymond Chun next spring. Chun ...
Reuters on MSN
23h
TD Bank names Canadian banking head Ray Chun new CEO; Masrani to retire
Masrani, who became
CEO
in 2014, is set to step down in April ... "The timing is a bit of a surprise,"
Jefferies
analyst ...
1d
Buy Rating Affirmed on Hill & Smith Holdings Following CEO Appointment
Analyst David Farrell of Jefferies maintained a Buy rating on Hill & Smith Holdings (HILS – Research Report), retaining the price ...
4h
Raymond Chun’s Path to CEO at TD Was Untarnished by US Troubles
Raymond Chun’s unlikely path to the top job at Toronto-Dominion Bank steered well clear of the US anti-money laundering ...
6d
Worldline CEO exits, shares plunge as payments firm issues another profit warning
French payments group Worldline said on Friday that long-time CEO Gilles Grapinet would leave the company as it issued its ...
22h
TD CEO Bharat Masrani to retire, bank names successor
“Bharat helped to build TD over almost four decades, and as CEO led the bank through a period of profound change in our ...
3d
Jefferies Reaffirms Their Buy Rating on Red Rock Resorts (RRR)
In a report released today, David Katz from Jefferies maintained a Buy rating on Red Rock Resorts (RRR – Research Report), with a price ...
21h
on MSN
TD Bank announces CEO shuffle as Masrani set to retire in 2025
TD Bank announced a slew of executive changes on Thursday, most notably the retirement of its CEO Bharat Masrani and the naming of his successor, Ray Chun.
4d
As Ex-Abercrombie CEO Probed For Sex Abuse, 8 More Male Models Say #MeToo: BBC Report
The former CEO of American fashion brand Abercrombie & Fitch is facing fresh allegations of abuse at sex events across the ...
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