Nike's hard-hit shares rallied Friday as Wall Street analysts largely welcomed the company's appointment of veteran executive ...
Elliott Hill, a veteran employee at Nike, is returning to the company. But he'll earn over $2 million less than outgoing CEO ...
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.
Nike stock is higher Friday after the embattled retailer announced a 32-year company veteran will return as its incoming CEO.
Celebrations broke out on Nike’s campus as staff high-fived and hugged each other, while others popped bottles of prosecco.
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