Business
New Nike CEO
Yahoo is experimenting with AI tools to show you highlights from multiple articles. Your feedback can help us make the experience better.
Key takeaways from
- Nike said Thursday it has named Elliott Hill as its president and CEO, replacing John Donahoe, who will retire next month. Hill is a former Nike executive.
- Before his retirement in 2020, Hill served as the president of consumer and marketplace operations for Nike and the Jordan brand, with positions in Europe and North America.
- Nike's stock has fallen about 24% year-to-date amid slowing revenue growth and concerns about the success of its direct-to-consumer sales pivot.
Read more:Yahoo FinanceAssociated PressFootwear NewsInvestopediaQuartzCNN Business
Are these takeaways helpful?/
/ 6
Where to start
Advertisement