Company veteran Elliott Hill will lead a turnaround effort at the global sportswear giant, where sales have faltered and ...

On Thursday, Nike’s stock soared after the news that Hill would replace current CEO John Donahoe, who will step down next ...

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

After losing market share in recent years, Nike faces near-term challenges such as the sales momentum among competitors.

Shares of Nike Inc. climbed 6% Friday after the sneaker and sportswear giant announced a change in CEO. But analysts say the incoming chief executive, company veteran Elliott Hill, has his work cut ...

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

BEAVERTON, Ore. — September 19, 2024 — The Board of Directors of NIKE, Inc. announced today that Elliott Hill will become ...

U.S. stocks are hovering around the records they set the day before during a worldwide rally. The S&P 500 slipped 0.2% in afternoon trading Friday but is still on track ...

FedEx dragged on the market with a drop of 14.9% after its profit and revenue for the latest quarter fell short of analysts’ expectations. It said U.S. customers sent fewer packages through priority ...

Nike's hard-hit shares rallied Friday as Wall Street analysts largely welcomed the company's appointment of veteran executive ...

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

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