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Nike shares rise after retailer names former executive Elliott Hill as CEO


Nike shares rise after retailer names former executive Elliott Hill as CEO

Nike (NKE) shares rose more than 7% in early trading Friday after the company named a new CEO amid efforts to revive slowing sales growth. Nike announced Thursday that Elliott Hill, a former Nike executive who retired in 2020, will return to the company as CEO and president on Oct. 14. John Donahoe, Nike’s current […]