Latest news with #communications
Bloomberg
7 hours ago
- Business
- Bloomberg
Nike CEO Finishes C-Suite Makeover With McDonald's Executive
Nike Inc. Chief Executive Officer Elliott Hill named a new head of communications, capping months of ousters, promotions and hirings as he tries to revive growth at the world's largest sporting brand. Since Hill came out of retirement and returned to Nike in October, he's changed most of the top positions under the CEO. And with the hiring of Michael Gonda from McDonald's Corp. as chief communications officer, Hill has finished revamping Nike's top ranks, according to a person with knowledge of the matter.
National Post
9 hours ago
- Business
- National Post
NIKE, Inc. Appoints Michael Gonda as Executive Vice President and Chief Communications Officer
Article content BEAVERTON, Ore. — NIKE, Inc. (NYSE:NKE) announced today that Michael Gonda will become Executive Vice President and Chief Communications Officer of NIKE, Inc., effective July 7, 2025. In this role, Gonda will lead the global communications organization, overseeing all facets of the communications strategy, including storytelling, corporate and brand reputation, issues management, and employee engagement. As a member of the company's Senior Leadership Team, Gonda will report to President and Chief Executive Officer Elliott Hill. Article content Article content 'Michael is a deeply strategic, emotionally intelligent, purpose-driven leader who understands the power of storytelling to move both brands and people,' said Hill. 'His vision for driving impactful communications, his instinct for building high-performing teams, and his ability to form authentic connections will help Nike amplify the voice of sport and athletes around the world in bold and meaningful ways. I'm confident he's the right leader for us as we put Nike back at the center of sport, and our team is excited for the vision and leadership he brings.' Article content Gonda joins Nike from McDonald's Corporation, where he held several senior leadership roles, including Chief Impact Officer for North America—overseeing communications, public affairs, sustainability, community engagement and philanthropy for the company's largest markets—and as Global Chief Communications Officer. During his tenure, he served on several leadership bodies, including the Global Senior Leadership Team. Article content 'Nike has always been more than a brand—it's a storyteller, a cultural force, and a catalyst for belief,' said Gonda. 'I'm deeply honored to join a company that has shaped how people see themselves and the world around them, and am humbled to help Nike tell the stories that matter, connect even more deeply with athletes and communities, and write the next ambitious chapter with Elliott and this team.' Article content Prior to McDonald's, Gonda held senior leadership roles at Chobani, a purpose-driven food company, and communications agency Weber Shandwick. An avid runner and traveler, Michael has lived across the United States, Kenya, and China. He earned a Bachelor's degree in English with Honors from Brown University. Article content NIKE, Inc., headquartered in Beaverton, Oregon, is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Converse, a wholly-owned NIKE, Inc. subsidiary brand, designs, markets and distributes athletic lifestyle footwear, apparel and accessories. For more information, NIKE, Inc.'s earnings releases and other financial information are available on the Internet at Individuals can also visit follow NIKE on LinkedIn, Instagram and YouTube. Article content Article content Article content Article content
Globe and Mail
10 hours ago
- Business
- Globe and Mail
Why EchoStar Stock Keeps Falling
After falling more than 12% Friday, shares of satellite communications company EchoStar (NASDAQ: SATS) slipped another 3% through 10:30 a.m. ET Monday. That's disappointing, because EchoStar's latest news is actually good: As The Fly reports today, the company has awarded Maxar Space Systems a contract to build EchoStar's next geostationary communications satellite, EchoStar XXVI, to "deliver robust coverage to DISH TV customers across all 50 U.S. states, including Puerto Rico." The problem for EchoStar is that not all the company's news is quite so good. On May 9, the company reported "the Chairman of the FCC sent a letter to EchoStar Corporation informing the company that the FCC has begun a review of EchoStar's compliance with certain of its federal obligations to provide 5G service in the United States." This sparked a sell-off in EchoStar stock, which cost more than $24 at the time and is worth barely $17 today. Last week, the news got worse. As my fellow contributor Billy Duberstein reported, EchoStar missed an interest payment on its debt Friday, raising bankruptcy concerns among shareholders. EchoStar's gigantic debt problem Are these concerns valid? Well, according to S&P Global Market Intelligence data, EchoStar carries more than $30 billion in debt against cash reserves of only $5 billion, and a market capitalization not much more than that. Two-thirds of the company's enterprise value, therefore, is debt -- so yeah, I'd say anything that relates to debt and EchoStar's ability to repay it is probably a big concern for EchoStar shareholders. The company hasn't been profitable since 2022, and has reported negative free cash flow since 2022, too, meaning the debt problem is getting bigger, not smaller. Long story short, there's good reason for EchoStar stock to be going down. Should you invest $1,000 in EchoStar right now? Before you buy stock in EchoStar, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and EchoStar wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $651,049!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $828,224!* Now, it's worth noting Stock Advisor 's total average return is979% — a market-crushing outperformance compared to171%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 2, 2025
Zawya
18 hours ago
- Business
- Zawya
TishTash announce departure of Managing Director Polly Williams after 10 years & pivotal agency role
TishTash, the award-winning PR and communications agency, and wider TishTash Group, today announce that Polly Williams, Managing Director, will be stepping away after nearly a decade in the business. Having held the position of Managing Director since 2019 and played a key role in the growth and success of the agency Willams will move into the next chapter in her career. Since joining TishTash Communications in 2016 as Group Account Director, Williams has played a pivotal role in the agency's growth, strategic direction, expanded service offering in digital and content, and has helped build a talented and much respected team. Under her guidance, the agency has achieved significant milestones, including: Evolution into a fully integrated communications agency offering traditional PR, creative, events, content, social and digital marketing. Growth from 10 to +70 employees and double-digit growth for the last 5 years. Expansion into KSA and UK markets. Creation of innovative 'Direct to Consumer' division offering brands a way to reach their end customers more efficiently including launch of Raemona Magazine and acquisition of 'That Dubai Girl' online community. Accreditation as a 'Great Place to Work'. Implementation of market first policies including menopause, menstruation and fertility leave. "Polly has been a key driving force behind our growth and success over the last 10 years, and in bringing my vision to life," said Natasha Hatherall, Founder and CEO of TishTash Group. "Her tenacity, determination and commitment have been invaluable to me and the agency as we moved from start-up to the large multi-disciplinary agency we are today. She is a key part of our journey, and her legacy will live on, and while we're all sad to see her go, we're incredibly proud of all she has accomplished and cannot wait to see what she goes on to achieve next.' Reflecting on her time at the agency, Williams said: 'Leading the growth of TishTash has been such a significant and rewarding part of my career. Scaling the business and building a high-performing, multi-disciplinary team of talented women has given me so much to be proud of. I will continue to be in awe of Natasha and TishTash as it goes on to enjoy future successes. I move onto my next adventure knowing that what we have built in TishTash is an agency like no other in the region. As I move into my next chapter, I look forward to applying the experience, insight and momentum gained at TishTash to new opportunities and ventures.' TishTash will continue to build on its strong foundations, reputation and commitment to innovation and doing things a little differently. The agency role will not be replaced at this time, with Senior Business Directors Scarlett Sykes and Katie Watson Grant moving into new roles in support of CEO Natasha Hatherall. Natasha Hatherall and Polly Williams will continue to partner together on a number of new ventures including a book which they are currently co-authoring. For more information visit or keep up to date with the lates news on social media @TishTashTalks About TishTash Group: Formed in February 2025, The TishTash Group is a connected portfolio of companies on a mission to support businesses and individuals to amplify their communications and visibility in the market. Covering PR, marketing, corporate profiling, publishing and direct-to-consumer strategies under one roof, The TishTash Group enables businesses to take a proactive approach to shifting consumer behaviour. Businesses under The Group include: TishTash Communications, Ten by TishTash, TishTash Tots, Raemona Magazine and female-focused digital platform That Dubai Girl. For more information visit For media information, please contact: Israa Aboukoush israa@
Yahoo
3 days ago
- Business
- Yahoo
Ministers to kick off hunt for successor to Ofcom chair Lord Grade
Ministers are to kick off the hunt for a new chair of the communications regulator as Lord Grade of Yarmouth prepares to bow out after a single term at the helm. Sky News has learnt that the Department for Science, Innovation and Technology (DSIT) - which now leads oversight of Ofcom in Whitehall - is drawing up proposals to launch a recruitment process in the coming months. Lord Grade, the veteran broadcast executive who held senior posts at the BBC, ITV and Channel 4, has served as Ofcom chair since May 2022. His four-year term is not due to end for another 11 months, and there was no suggestion this weekend that he would leave the role ahead of that point. Insiders said, however, that there was little prospect of him seeking to be reappointed for a second term in the job. The now non-affiliated peer's appointment to the post in 2022 came after a controversial recruitment process and was signed off by Nadine Dorries, the then Tory culture secretary. Responsibility for Ofcom board appointments has switched since then from the Department for Culture, Media and Sport. Peter Kyle, the science secretary, authorised the recruitment of Tamara Ingram, an advertising industry stalwart, as Ofcom's deputy chair, last November. Ofcom takes on online harms The search for a new Ofcom chair will come after a significant extension of its remit to encompass areas such as online harms. Both DCMS, which has responsibility for the media industry, and the Department for Business and Trade also have substantial engagement with Ofcom. As well as a role in appointing directors to the board of state-owned Channel 4, which is hunting both a chair and chief executive, Ofcom regulates companies such as Royal Mail, as well as the BBC. This week, the watchdog said it was pursuing action against the formerly publicly owned postal services company over its failure to hit statutory delivery targets. Ofcom also regulates the UK telecoms industry, making it one of the largest economic regulators in Britain. Data centres may be next The body may also be handed regulatory oversight of the fast-growing data centre industry. One of the tasks of Lord Grade's successor is likely to be long-term executive leadership succession planning. Dame Melanie Dawes, Ofcom's chief executive, has held the role since 2020, although there is no indication that she intends to step down in the short term. It was unclear this weekend whether any of Ofcom's existing board members might seek to take over from Lord Grade. Its slate of non-executive directors includes recently appointed Lord Allan of Hallam, a former MP, and Ben Verwaayen, the former BT Group chief executive. Mr Verwaayen is due to step down from the Ofcom board at the end of the year. The hunt for Ofcom's next chair will come amid a push led by Prime Minister Sir Keir Starmer and Chancellor Rachel Reeves to shake up Britain's economic regulators as they seek ways to remove red tape from the private sector. DSIT has been contacted for comment, while Ofcom declined to comment.
