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

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

Nike's new CEO is expected to double down on the company's efforts to repair relations with retailers to energize sales, ...

--On pace for largest percent increase since Dec. 21, 2022, when it rose 12.18% --Currently up six consecutive days; up 10.87% over this period ...

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.

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

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

Nike announced plans to toss out its president and CEO John Donahoe, as demand falters for the brand's sneakers.He'll be ...

Nike's special Halloween collection honors Kobe Bryant with the Kobe 5 Protro X-Ray sneakers and a tee celebrating his ...

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

Nike faces a consumer slowdown and tough competition from upstart running brands like Hoka and On. Customers are changing ...