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’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 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 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.
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 CEO changeup has investors optimistic as it returns to its product roots
Nike investors are running with the idea of 32-year insider Elliott Hill returning the sneaker giant to glory as CEO, and cleaning up the messes of its outgoing tech-focused c-sui
Jeffries boss Richard Handler shares email sent to Lehman Brothers’ CEO on the day it collapsed—and the lessons it taught him
Sixteen years after Lehman Brothers’ collapse, Jefferies CEO Richard Handler has shared the email he sent to the bank's ...
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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More men accuse ex-Abercrombie & Fitch boss over sex events – with claims they had penises injected with ‘liquid Viagra’
MORE men have accused former Abercrombie & Fitch CEO Mike Jeffries and his British partner of sexual exploitation. Last ...
More men accuse former Abercrombie & Fitch boss of sexual exploitation
More men have accused former Abercrombie & Fitch CEO Mike Jeffries and his British partner of sexual exploitation.
‘I was in bed putting on a fake smile..,’ men allege ex-Abercrombie boss Mike Jeffries over sexual harassment
Former Abercrombie & Fitch CEO Mike Jeffries faces allegations of sexual exploitation from several men, including Luke, who ...
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 ...
Abercrombie & Fitch’s former CEO faces new sex abuse allegations
Eight more men have come forward to the BBC, detailing their experiences at these events. Some witnesses allege being ...
'I tried to say no repeatedly': More men accuse ex-Abercrombie boss over sex events
Luke (not his real name) is one of eight more men who have spoken to the BBC in the past year since we revealed allegations ...
What Fed’s rate cut means for LNG companies like Cheniere Energy
US Fed announced its first rate cut in four years last night. Cheniere CEO explains why that may be a tailwind for Cheniere ...
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Jeffries boss Richard Handler shares email sent to Lehman Brothers’ CEO on the day it collapsed—and the lessons it taught him
Sixteen years after Lehman Brothers’ collapse, Jefferies CEO Richard Handler has shared the email he sent to the bank's former CEO, Richard "Dick" Fuld, on the day the firm filed for the largest ...