Reported 19 days ago
Nike has announced the appointment of Elliott Hill as its new CEO, effective October 14, following the retirement of John Donahoe. Analyst Aneesha Sherman from Bernstein views this as a positive change for Nike's stock, highlighting Hill's extensive experience within the company and strong rapport with employees. His leadership is expected to set a clear vision for the brand ahead of the upcoming investor day on November 19.
Source: YAHOO