code6d/iStock Unreleased by means of Getty Photographs Nike (NYSE:NKE) might be the prospective subsequent goal for an activist after the Starbucks (SBUX) CEO information on Tuesday. Former Deckers (DECK) CEO Dave Powers can be a super candidate to take over because the shoe corporate’s CEO, particularly after he retired because the Deckers CEO this month, Gordon Haskett’s Don Bilson wrote in a notice on Tuesday. Making an government alternate at Nike isn’t the similar as at Starbucks, as Phil Knight controls the shoe behemoth’s board, Bilson added. Bilson’s thought used to be supported on Wednesday after Dealreporter highlighted {that a} 13F submitting from UBS indicated the financial institution purchased ~ 11 million stocks of Nike in Q2, bringing its overall stake to 27 million. UBS is attention-grabbing as a result of it is every now and then related to activists taking change positions thru sure banks, together with essentially the most outstanding activist Elliott Control, which every now and then makes use of UBS. Nike (NKE) stocks edged decrease by means of 0.7% on Wednesday after advancing 5% on Tuesday, most likely within the wake of the Starbucks information.
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