Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month.

One analyst said the “highly anticipated leadership change will inject a much-needed sense of urgency” to Nike, whose share price remains down 50% from its 2021 peak.

A new CEO “breathes new life and hope into a semi-abandoned blue-chip company in an environment where investors are looking ...

Nike Inc. spent nearly $104 million on pay and benefits for John Donahoe during his near five-year tenure atop the ...

Nike shares moved higher Friday after the world’s largest athletic apparel and equipment company announced Elliott Hill will ...

Investors are hoping that replacing John Donahoe as chief executive will lift its stock price and restore the brand’s cool ...

Nike Inc. ousted beleaguered chief executive John Donahoe, bringing longtime executive Elliott Hill out of retirement in a bid to return the struggling athletic brand to its glory days.

Elliott Hill started at Nike as an intern in 1988 but steadily scaled its ranks, banking on values of grit and hard work ...

Nike's new CEO will likely focus on repairing relations with retailers to boost demand, a strategy that took a back seat ...

Lorraine Hutchinson, an analyst from Bank of America Securities, maintained the Buy rating on Nike (NKE – Research Report). The ...

Nike announced plans to toss out its president and CEO John Donahoe, as demand falters for the brand's sneakers.He'll be ...

College endorsements could help revive Nike's struggling stock, with strong growth potential in China and promising brand ...