Nike said on Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president ...

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.

New Nike CEO Elliot Hill is inheriting “a turnaround that has yet to show momentum,” according to Stifel analyst Jim Duffy.

Shares of Nike (NKE) are rallying after the company announced that CEO John Donahoe will be stepping down next month after a ...

FedEx cuts its fiscal-year outlook following weaker-than-expected fiscal first-quarter earnings, while Nike stock rallies ...

Nike said Thursday that Elliott Hill, a former Nike executive who retired in 2020, will return to the company as the CEO and ...

Nike's CEO John Donahoe is stepping down. The company released a statement saying Elliott Hill will come out of retirement to take over. Donahoe has been Nike's CEO since ...

Nike axes CEO, brings back former exec. Nike has ousted its CEO John Donahoe and coaxed one of its former execs out of ...

U.S. stocks are drifting in early trading after leaping to records the day before as part of a worldwide rally.

Wall Street's main indexes dipped on Friday following a rally driven by a significant interest rate cut from the Federal ...

Shortly after markets opened, the Dow Jones Industrial Average was down around 0.1 percent at 41,965.96, while the S&P 500 ...