A New Era for NIKE (NKE): Elliott Hill’s Return and Stock Rebound
On Friday, NIKE, Inc. (NKE) saw a notable increase of +5.59%, bringing its stock price to $85.51 during premarket trading. This movement comes in the wake of significant news regarding a leadership change within the company, as Elliott Hill is set to assume the role of President and Chief Executive Officer on October 14, 2024.
TCU alum Elliott Hill to replace John Donahoe as CEO at Nike
BEAVERTON, Ore. — Nike announced Thursday that John Donahoe will retire from his role as president and CEO, effective Oct. 13. Elliott Hill, a former president of consumer and marketplace at the company, will replace Donahoe as president and CEO, starting Oct. 14.
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Nike on Thursday announced it would replace CEO John Donahoe with his former colleague, Elliott Hill, sending the stock ...
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