Oct. 7 at 2:33 AM
$NKE Good interview with Elliott Hill by CNBC’s Sarah Eisen. He’s making progress, but many investors will be disappointed that he’s basically a marketing guy who talks a lot about segmentation, product, competition, distribution and organizational structure. He doesn’t seemed to be focused on shareholders (not even a mention) and that’s a problem. Maybe he needs a much stronger CFO who knows how to better address investor concerns. He was naive to leave the interview with the message that “the turnaround will take a while”, particularly after being CEO for a year.