Outgoing Nike CEO John Donahue made strategic missteps, most especially losing his team's winning spirit.. In-coming 32-year Nike veteran Elliott Hill will restore it.

Nike has tapped Elliott Hill, a long-time veteran of the company who retired in 2020, as its new President and CEO, effective Oct. 14, 2024.

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

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.

Stock futures (ES=F, NQ=F, YM=F) are flat after the S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) rallied and closed at new ...

Nike aims to regain market share, especially in the running category, by spotlighting performance products and introducing ...

Nike shares powered firmly higher in early Friday trading as analysts and investors reacted to the sportswear giant's move to ...

This article is an online version of our Off to Lunch newsletter. Sign up to receive it straight to your inbox here.

I want people in the neighborhoods to walk across the bridge and feel like you’ve entered Oz. . . .The streets are beautiful, ...

Nike shares moved higher Friday after the world’s largest athletic apparel and equipment company announced Elliott Hill will ...

Sept. 20 (UPI) -- Nike announced that CEO and President John Donahue will retire and be replaced by former Nike executive ...

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