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Why Nike’s CEO bought $2 million worth of shares at a low point for the company

Hill said the purchase reflects confidence in Nike’s turnaround as sales stay flat and analysts warn recovery may take longer.

Summary by NBC News
Nike is in “cleanup mode,” but CEO Elliott Hill has confidence in the iconic American company, he told Craig Melvin for NBC’s “Business in America” series.

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NBC NewsNBC News
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Why Nike’s CEO bought $2 million worth of shares at a low point for the company

Nike is in “cleanup mode,” but CEO Elliott Hill has confidence in the iconic American company, he told Craig Melvin for NBC’s “Business in America” series.

·United States
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TodayToday
Lean Left

Nike CEO Gave His Personal Email Address to Employees: ‘It’s Not a Job. It’s Personal’

Nike CEO Elliott Hill speaks to Craig Melvin about the company’s future.

·New York, United States
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Today broke the news in New York, United States on Monday, May 11, 2026.
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