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

Nike spent nearly $104 million on pay and benefits for John Donahoe during his near five-year tenure atop the sneaker-maker, ...

Elliott Hill, who in 2020 retired as the company's president of consumer and marketplace, will succeed Donahoe as president and CEO starting Oct. 14, Nike said Thursday. Donahoe will also step down ...

Nike is one of the most mentioned companies in the U.S. across all news items in the past 12 hours, according to Factiva data. Nike said Chief Executive John Donahoe would be retiring on Oct. 13 after ...

U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note. The S&P 500 edged down by 0.2% from its record on ...

Shares of Nike, a key player in the,Retail sector,, experienced a notable rise today, jumping nearly 9% in early trading and ...

Nike’s leadership shake-up has been met with enthusiasm from the markets, as the sportswear giant announced the return of ...

Nike CEO John Donahoe is out, the latest in a series of high profile retail executives exits as consumers become more ...

Nike has strong fundamentals, but faces volatile profit margins and returns, leading to investor disappointment. Learn why ...

Nike (NKE) stock is on the rise after news that CEO John Donahue is stepping down, to be replaced by Elliott Hill ...

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

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 ...