Reported 18 days ago
With Elliott Hill set to take over as Nike's new CEO on October 14, Bernstein analyst Aneesha Sherman believes he has the necessary skills to lead the company. She stresses that Hill's first task will be to provide a clear direction for Nike's future to investors, as well as to reclaim the brand's momentum. While transforming a large corporation is a gradual process, Sherman reassures that investors will likely allow some time for Hill to implement his strategies, as long as they are reasonable.
Source: YAHOO