Nike ysed to rule the sportswear business. Its recent earnings have been weak. It has too much good competition.

and the stock jumped 7.6% after hours on the news. Nike said that Elliott Hill, formerly a longtime executive, would become its next CEO, replacing John Donahoe, whose stewardship led to a decline in ...

Elliot Hill will succeed John Donahoe as the head of the sports company, Nike. He has spent over three decades working for ...

Next up is Elliott Hill, a Texas native with a charming George Clooney mug, a lingering Southern drawl, and decades of ...

Some boards see reinstating a previous executive as a temporary solution — a familiar face can foster stability in a ...

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

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 ...

Elliott Hill, the newly named chief executive officer of Nike, acknowledged that things have been rough for the world's ...

NEW YORK >> U.S. stocks closed nearly unchanged today, as investors paused buying after a strong rally in the prior session that was fueled by an upsized interest-rate cut by the Federal Reserve, ...

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

Stocks were choppy Friday as market participants took a breather following Thursday's Fed-fueled rally. While buzz continued ...

The former leader returns to the athletic sportswear and apparel company, which has seen sluggish sales in the past year.