Nike faces headwinds as CEO Elliott Hill admits restructuring is slow amidst mixed market performance and analyst outlook revisions.
5 reports, 5 independent
Updated Jun 24
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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.
Who's involved
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