The former leader returns to the athletic sportswear and apparel company, which has seen sluggish sales in the past year.

Brian Nagel, Oppenheimer & Co. senior analyst, joins CNBC's 'Power Lunch' to discuss what Nike's leadership change could mean ...

In hiring Hill, Nike signaled its intent to bring the company back to its glory days—a feat Barron’s believes it can do. We ...

Shares of Nike Inc. climbed 6% Friday after the sneaker and sportswear giant announced a change in CEO. But analysts say the incoming chief executive, company veteran Elliott Hill, has his work cut ...

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 ...

BEAVERTON, Ore. — September 19, 2024 — The Board of Directors of NIKE, Inc. announced today that Elliott Hill will become ...

On Thursday, Nike’s stock soared after the news that Hill would replace current CEO John Donahoe, who will step down next ...

Hill faces challenges like restoring innovation, rebuilding wholesale partnerships, and improving financial performance after ...

Nike's hard-hit shares rallied Friday as Wall Street analysts largely welcomed the company's appointment of veteran executive ...

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 ...