Elliott Hill Named New Nike CEO
Elliott Hill Named New Nike CEO
Elliott Hill Named New Nike CEO
News summary

Elliott Hill, a 32-year Nike veteran who began his career as an intern in 1988, has been appointed as the new CEO following John Donahoe's decision to step down amid declining sales and strained retailer relationships. Hill was brought out of retirement to rejuvenate the brand and reconnect with wholesale partners like Foot Locker and Macy's. Investors have responded positively to the announcement, with Nike shares rising by over 7%. Hill's leadership is expected to focus on product innovation and repairing retailer ties, aiming to reverse the company's recent market struggles and regain lost ground to competitors. The transition is seen as a move to bring back a deep understanding of Nike's culture and operations.

Story Coverage
Bias Distribution
35% Left
Information Sources
273052be-62e1-48ef-a4f6-fb29a3f704e5bd68667e-abfe-4783-a143-3b1ae84b8232166bc319-c612-4063-955b-1bdc4fec97ff0319a078-c5a7-4188-95f2-60cb4be32cc6
+14
Left 35%
Center 26%
R
Coverage Details
Total News Sources
23
Left
8
Center
6
Right
4
Unrated
5
Last Updated
47 days ago
Bias Distribution
35% Left

Open Story Timeline

Story timeline 1Story timeline 2Story timeline 3Story timeline 4Story timeline 5Story timeline 6Story timeline 7Story timeline 8Story timeline 9Story timeline 10Story timeline 11Story timeline 12Story timeline 13Story timeline 14

Analyze and predict the
development of events

Related News
Daily Index

Negative

20Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage
Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Related News
Recommended News