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

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

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

Nike announced Thursday that CEO John Donahoe will step down, with veteran Elliott Hill returning from retirement to take ...

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

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

Adrienne Yih, Barclays U.S. retail senior analyst, joins 'Squawk Box' to discuss news of Nike CEO John Donahoe stepping down, ...

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

After losing market share in recent years, Nike faces near-term challenges such as the sales momentum among competitors.

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