Nike’s board announced the abrupt retirement of its chief executive, John Donahoequickwin, on Thursday, amid merchandising struggles and a falling stock price. Elliott Hill, who retired from the company in 2020, will return as a chief executive next
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2024-09-25You’re reading the DealBook newsletter.The most crucial business and policy news you need to know from Andrew Ross Sorkin and team. Get it sent to your inbox.Image Image Nike’s stock has jumped on news that its beleaguered C.E.O., John Donahoe, will