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

Nike has tapped Elliott Hill, a long-time veteran of the company who retired in 2020, as its new President and CEO, effective Oct. 14, 2024.

New Nike CEO Elliot Hill is inheriting “a turnaround that has yet to show momentum,” according to Stifel analyst Jim Duffy.

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.

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

Nike ( NKE) investors are running with the idea of 32-year insider Elliott Hill returning the sneaker giant to glory as CEO, ...

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

Adrienne Yih, Barclays U.S. retail senior analyst, joins 'Squawk Box' to discuss news of Nike CEO John Donahoe stepping down, ...

Nike Inc. (NYSE:NKE) took a decisive step toward revamping its leadership and reinvigorating slowing sales growth by naming ...

Shares of Nike Inc., a key player in the,retail sector,, surged by over 7% in after-hours trading following the announcement ...

Bajaj Allianz Life Insurance has appointed Srinivas Rao Ravuri as its Chief Investment Officer. Srinivas is a seasoned ...

BEAVERTON, Ore. (AP) — Nike Inc. said Thursday it has named Elliott Hill as its president and CEO, replacing John Donahoe, ...