Latest John Donahoe News
Nike's quarterly sales and profits slump as it faces shoppers' sluggish demand for its products
NEW YORK (AP) — Nike sales and profits slumped in its fiscal first quarter as the sportswear giant wrestles with shoppers' sluggish demand for new sneaker models and other products. The lackluster results Tuesday came after Nike announced last month that its CEO, John Donahoe, is...
This week: job openings, Nike earnings and September jobs report
A look at some of the key business events and economic indicators upcoming this week. JOB OPENINGS On Tuesday, the Labor Department releases data on job openings for August. In July, there were about 7.7 million open jobs posted, down from 7.9 million in...
Nike names Elliott Hill as CEO, replacing John Donahoe
BEAVERTON, Ore. (AP) — Nike Inc. said Thursday it has named Elliott Hill as its president and CEO, replacing John Donahoe, who will retire next month. Hill is returning to the company from which retired in 2020. He previously held leadership positions at the sportswear giant...
