Nike CEO John Donahoe is out, replaced by company veteran Elliott Hill

Nike CEO John Donahoe is out, replaced by company veteran Elliott Hill

John Donahoe, CEO of Nike, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., July 10, 2024. Brendan Mcdermid | Reuters Nike on Thursday announced that its CEO John Donahoe is stepping down and company veteran Elliott Hill is coming out of […]

Stocks making the biggest moves after hours: Nike, FedEx, Lennar and more

Stocks making the biggest moves after hours: Nike, FedEx, Lennar and more

Check out the companies making headlines in extended trading: Nike — Shares soared 10%. The sneaker company announced that CEO John Donahoe would step down from the role on Oct. 13. Nike veteran Elliott Hill, who had been at the company for 32 years before retiring in 2020, will take the helm. FedEx — Shares […]