John Donahoe, Nike CEO, joins 'Squawk on the Street' to discuss what's new at Nike's Olympic Collection launch, how to use this momentum to reignite growth, and how much of a sales bump the CEO anticipates.
This is the least charismatic ceo pitch I have come across in a long while. Nike has been run into the ditch from when Donahue took over. If it were a different ceo at the helm, I would be buying Nike stock heavy at these prices. But I just don’t have that confidence in this guys abilities or execution. Just see what he did as chairman of the board at PayPal. Let thing run amok with a ceo that destroyed the company on his way out.
If anyone from Nike sees this... If you want your stock to turnaround, make and sell more Kobes. Why let resellers profit and have customers pay double