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异动直击 | 耐克盘前涨超7%,公司将更换CEO

Breaking news | nike's pre-market stock rises more than 7%, the company will replace the CEO.

Futu News ·  Sep 20 17:23  · Movers

Futu News, September 20th, the stock opened over 6%, as of the time of writing, it has increased by 8.74%, reaching HKD 5.10, with a turnover of HKD 0.563 billion. $Nike (NKE.US)$ Today, the stock soared significantly before the market opened. As of press time, the stock is up 7.16%, trading at $86.78, with pre-market trading volume reaching $6.1205 million.

Source: Futubull>>
Source: Futubull>>

On the news front, the company announced yesterday that Nike's senior veteran Elliott Hill will take over as President and CEO from John Donahoe starting October 14, 2024. In addition, Elliott will also become a member of Nike's board of directors and join the executive committee.

Nike's Executive Chairman, Mark Parker, stated:

"I am delighted to welcome Elliott back to Nike. Given our future needs, the company's past performance, and a thorough succession plan, the board of directors unanimously believes that Elliott, with his global perspective, leadership style, profound understanding of the industry and partners, and his passion for sports and our brand, is the ideal candidate to lead Nike into the next phase of growth."

During his career at Nike, Elliott held senior leadership positions in Europe and North America, helping the company's business grow to over $39 billion. Before retiring in 2020, he served as the President of Consumer and Market, overseeing global business and marketing operations for the Nike and Jordan brands. Elliott is a graduate of Texas Christian University (TCU) and Ohio State University and currently serves on the TCU Board of Directors.

The board of directors and John Donahoe have decided that he will resign as President and Chief Executive Officer of Nike, as well as a board member, starting from October 13th. However, he will continue to serve as a company advisor to ensure a smooth transition until January 31, 2025.

Mark Parker also stated:

"I thank John for his contributions as President and CEO, as well as a board member of Nike. I especially commend his leadership during challenging times for the company, and his steadfast support for Nike's investments in the global community."

Image Source: Company Announcement
Image Source: Company Announcement

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