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

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

Nike's new CEO will likely focus on repairing relations with retailers to boost demand, a strategy that took a back seat ...

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

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

Nike stock is higher Friday after the embattled retailer announced a 32-year company veteran will return as its incoming CEO.

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

The company has struggled with declining sales, missing its earnings targets and facing predictions of a 10% drop in revenue.

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

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