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Nike (NKE.US) faces tough competition as former executive Elliott Hill returns to take the CEO role to revive sales

Thursday, Sep 19, 2024 9:00 pm ET1min read

Nike (NKE.US) on Thursday announced that former executive Elliott Hill will rejoin the company to succeed John Donahoe as president and CEO. The athletic apparel giant is reorganizing its top ranks as it seeks to revive sales and cope with intensifying competition.

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