Nike chief executive officer John Donahoe will step down from the company, effective Oct. 13, Nike said on Thursday. The beleaguered CEO will be replaced by former Nike executive Elliott Hill, who served in several leadership roles at the business before retiring in 2020. “Given our needs for the future, the past performance of the … Read more
Updated 4:56 p.m. E.T. Sept. 20 Elliott Hill is coming off the bench — and is going to have to bring his A-game next month when he takes the lead as president and chief executive officer of Nike Inc. There was little surprise when the sports giant revealed late Thursday that “the board and John … Read more
Robert Chavez, executive chairman of Hermès Americas, is headed back to school. He has been named the executive in residence at The Savannah College of Art and Design. He assumes the executive advisory role immediately as SCAD begins its 2024-25 academic year. In his new role, Chavez will travel to all three SCAD locations — … Read more
LEAVING NORDSTROM: Gigi Ganatra Duff, vice president of corporate communications at Nordstrom Inc., has left the Seattle-based retailer to join a tech company. “After close to eight years at Nordstrom, I have accepted an offer to be the chief communications officer at a tech company, which will be officially announced in a few weeks,” Duff said in … Read more
Mara Sirhal has become chief merchandising officer for QVC U.S., which is the largest business unit of the Qurate Retail Group. Sirhal has more than 20 years experience in merchandising, sourcing and product and brand at both department and specialty retailers, the company indicated in its announcement Monday. She will report to Mike Fitzharris, the … Read more
John Donahoe, president and chief executive officer of Nike Inc., saw his pay package fall by 11 percent last year — but still scored big with total compensation of $29.2 million. But only a fraction of that was take home pay. Donahoe received a salary of $1.6 million and incentive pay of $2 million for … Read more
The Target Corp. C-suite is on the move. After Michael Fiddelke advanced from chief financial officer to chief operating officer in February, other top executives saw their roles shift Tuesday. Christina Hennington, who is currently chief growth officer, is now also chief strategy officer. And Rick Gomez, chief food, essentials and beauty officer, is becoming … Read more
Ralph Lauren has, once again, turned timeless style into a pretty sweet paycheck. Lauren, who is executive chairman and chief creative officer at Ralph Lauren Corp., received a $19.7 million compensation package in fiscal 2024, an increase of 7.8 percent from the year before, according to the company’s proxy statement filed with regulators. That makes him … Read more
During a critical period for the industry, WWD sister publication FN will bring together the innovative architects of ’s biggest success stories. The daylong summit, themed “The Hot List,” will take place June 25 at 583 Park in New York City, and will center around several important topics: the hot markets that are driving the … Read more
Bedrock Manufacturing Company has revealed several changes to its leadership team. BMC, the parent company to accessories label Shinola and workwear brand Filson, has appointed a new chief executive officer, Steve Katzman, and chief marketing officer, Kevin Wertz. The company is making the appointments to “strengthen its foundation as a platform company to build a … Read more
