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 ...

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

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 ...

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 leadership shake-up has been met with enthusiasm from the markets, as the sportswear giant announced the return of ...

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 ...

The shoe giant's shares are down over 20% year-to-date after an ambitious direct-selling strategy opened the door to ...

“Moving from his position as a Nike outside director to the CEO office, Donahoe had a tough row to hoe, arriving within weeks ...

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 ...