Nike faces headwinds as CEO Elliott Hill admits restructuring is slow amidst mixed market performance and analyst outlook revisions.
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Updated oct 15
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What happened
Nike faces headwinds as CEO Elliott Hill admits restructuring is slow amidst mixed market performance and analyst outlook revisions.
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What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- While revenue declines, Elliott Hill continues as CEO of Nike, and the company announces David Denton as the incoming CFO, who joins from Pfizer.Sub-event
- Wells Fargo analyst maintained stock rating on Nike while Elliott Hill serves as CEO.Sub-event
Nike CEO admits restructuring is slow amid mixed market performance and analyst outlook revisions.1 source
Nike confirms Elliott Hill as CEO and appoints Denton to lead global finance.1 source
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The entities involved
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Nike
American athletic equipment company