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Shares of Nike (NKE) are rising on the news that the 32-year Nike veteran Elliott Hill will return to the company as CEO and president when John Donahoe exits his post in October.
Yahoo Finance Senior Reporter Brooke DiPalma and Wealth! Host Brad Smith join Catalysts to discuss how the leadership shakeup is being received by investors and what Hill's priorities will be as he seeks to turn Nike's performance around.
For more expert insight and the latest market action, click here to watch this full episode of Catalysts.
This post was written by Melanie Riehl