Nike announced Thursday that CEO John Donahoe will step down, with veteran Elliott Hill returning from retirement to take ...

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

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

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

Elliott Hill joined Nike as in intern in 1988 and the internship did not come easy as he literally begged to be hired to the ...

Nike replaces CEO John Donahoe with Elliott Hill ... Hill is set to receive a base salary of $1.5 million as CEO, while he ...

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

Nike Inc. ousted beleaguered Chief Executive Officer John Donahoe, bringing longtime executive Elliott Hill out of retirement ...

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

Nike has been in a period of significant change and transition. Following the departure of John Donahoe, speculation has ...

CEO John Donahoe is stepping down and company veteran Elliott Hill is coming out of retirement to take the helm of the sneaker giant, Nike.

As per his LinkedIn profile, Hill joined Nike in 1988 and held several leadership positions before retiring in 2020.