Some boards see reinstating a previous executive as a temporary solution — a familiar face can foster stability in a ...
Elliott Hill, an executive who left the company after Donahoe’s appointment in 2020, will return as chief executive, Nike’s ...
After losing market share in recent years, Nike faces near-term challenges such as the sales momentum among competitors.
One analyst said the “highly anticipated leadership change will inject a much-needed sense of urgency” to Nike, whose share price remains down 50% from its 2021 peak.
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