By Jordyn Holman and Julie Creswell Nike’s board announced the abrupt retirement of its chief executive, John Donahoe, on Thursday, amid merchandising struggles and a falling stock price.
de la Merced Lauren Hirsch Ephrat Livni and Anita Raghavan Investors, and apparently some employees, breathed a sigh of relief after Nike said John Donahoe would step down next month as C.E.O. It ...
Elliott Hill, who in 2020 retired as the company’s president of consumer and marketplace, will succeed Donahoe as president and CEO starting Oct. 14, Nike said Thursday. Donahoe will also step ...
Donahoe's exit comes as the company lays off workers worldwide, including 740 at its Beaverton world headquarters. Nike announced its former president of consumer and marketplace Elliott Hill as ...