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

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

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, ...

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.

When Nike said on Thursday that John Donahoe was stepping down as chief executive officer, his exit from a rocky tenure ...

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

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

The S&P 500 and Nasdaq lost ground at midday Friday after rallying to record highs Thursday in the wake of the Federal ...

Hill faces challenges like restoring innovation, rebuilding wholesale partnerships, and improving financial performance after ...