Let's hope so.
14 replies (most recent on top)
You’re thinking too logically and wanting what is best for the company long term.
Chances are we get the ex-ceo of some Indian consulting firm who continues wringing out the brand and its personnel budget for all it’s worth.
So the writing is on the wall for JD.
If you were the BoD, who would you choose as next CEO?
My opinion:
No current exec is there.
HON: Will double down on things that haven't worked for us so far. Was too much of a driving force that got us where we are. If JD was in the driver's seat, she was the navigation system.
CW: Not a Nike leader. Might be good at what he does, but in 5 years he's been with the company he hasn't made enough impact nor has he built enough reputation as a leader.
That leaves it open:
I think ES (prior COO) and EH (prior President). Both are probably happily retired. ES was an operator that understood the brand. He knew the internal and external needs. EH knew the brand inside and out. He's smart enough to know his weakness is in operating the business and could hire a strong operator.
That said, both these rely on them giving up their cushy and likely very enjoyable retirement.
What are your thoughts?
Thank you JD. I can get out of my options and call it done now.
@ebz+1rEQYQwt lol if you think anyone at Tesla is ignoring Elon, I've got some waterfront real estate in Beaverton priced real nice for you.
Even after today's earnings call, the next scandal to explode at Nike will clearly be its links to its prison labor supply chain in Western China.
https://www.realclearpolitics.com/articles/2024/03/21/the_uyghur_forced_labor_prevention_act_needs_to_be_enforced_150680.html
well, i think they clearly timed the news of stealing the German Football Federation contract for today…
maybe JD thinks that will buy him some time.
Hi last quarter of stocks/options vested this Feb (his four year mark), so I hope so
I would love nothing more than a package deal of JD HON and MF to be shown the door. They all su-k!
I don't know, I'm surprised he's made it this long. All he does is ride the coat tails of his employees, who do the actual work.
The smart ones already ignore him like Tesla ignores Elon Musk. The company is successful in spite of JD.
The non-leader who has been riding the crest of Phil's 50 years of building a brand has got to go. If his removal is not announced this week it can only be because a replacement has not yet been confirmed.
I sure hope so..
JD need to finish what he started.
Let’s face it, he has been in the seat for 4 years too many.
Donah.. time to go.
Analysts are taking a critical view of Nike Inc.’s management team ahead of the company’s third quarter earnings report on Thursday.
Following a week of high profile chief executive departures at Under Armour, Brooks and Allbirds — all for different reasons — some analysts are speculating whether Nike could be slated for a change at the top, given the company’s recent product and marketplace headwinds.
https://www.yahoo.com/lifestyle/week-ceo-shifts-nike-leadership-164250098.html