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

The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three ...

Nike CEO John Donahoe is out, the latest in a series of high profile retail executives exits as consumers become more ...

Nike stock is up more than 8% following the Oregon-based company’s announcement on Thursday that John Donahoe was stepping ...

--On pace for largest percent increase since Dec. 21, 2022, when it rose 12.18% --Currently up six consecutive days; up 10.87% over this period ...

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.

Nike ( NKE) investors are running with the idea of 32-year insider Elliott Hill returning the sneaker giant to glory as CEO, ...

Nike said that Elliott Hill will rejoin the company to succeed John Donahoe as president and CEO. Hill was at Nike for 32 ...

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

A sportswear giant announced the retirement of its president and CEO on Tuesday after nearly five years behind the wheel.

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