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 ...

The shoe giant's shares are down over 20% year-to-date after an ambitious direct-selling strategy opened the door to ...

Nike has tapped Elliott Hill, a long-time veteran of the company who retired in 2020, as its new President and CEO, effective ...

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

Elliott Hill will replace John Donahoe as chief executive next month, following months of struggles for the athletic-wear ...

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

New York (CNN) — Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The ...