Investors are hoping that replacing John Donahoe as chief executive will lift its stock price and restore the brand’s cool factor.
Category: Appointments and Executive Changes
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Nike Names Elliott Hill as CEO, Replacing John Donahoe
Elliott Hill, an executive who left the company after Donahoe’s appointment in 2020, will return as chief executive, Nike’s board said.
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Disney Animation Boss Steps Down to Focus on ‘Frozen’ Sequels
Walt Disney Animation Studios is replacing Jennifer Lee, its chief creative officer, after an uneven six-year tenure.
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What Trump Has Said About Interest Rates, and Why It Matters
He has suggested that presidents should “have a say” on interest rates, though he later walked the comment back.
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New York Philharmonic Opens Its Season Amid Labor Talks and Troubles
The orchestra is working to negotiate a new contract with musicians, resolve a misconduct inquiry and hire a new chief executive.
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Norfolk Southern Fires C.E.O. Alan Shaw After Ethics Investigation
The railroad company’s board said it dismissed Alan Shaw and an executive he had a consensual relationship with.
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Southwest Airlines Agrees to Board Changes After Pressure From Elliott
The airline has been under pressure from the hedge fund Elliott to replace its top management and make other changes to increase its profits.
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Jamie Heller to Be Next Top Editor of Business Insider
Ms. Heller spent two decades at The Wall Street Journal, most recently leading corporate coverage.
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Givenchy Appoints Sarah Burton as Creative Director
The British designer will be the second woman to oversee collections for the 72-year-old French brand.
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Inside Disney’s Succession Struggle and Bob Iger’s Return to Power
The inside story of how Bob Iger undermined and outmaneuvered Bob Chapek, his chosen successor, and returned to power at Disney.