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

In a big shakeup, Nike is set to change its CEO, a move that has sparked both optimism and skepticism from Wall Street.

But Nike shares are running higher today. After jumping nearly 9% Friday morning, as of 10:35 a.m. ET, the stock was still ...

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

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

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

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

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

Sept. 20 (UPI) -- Nike announced that CEO and President John Donahue will retire and be replaced by former Nike executive ...

Nike shares moved higher Friday after the world’s largest athletic apparel and equipment company announced Elliott Hill will ...

Elliott Hill, an executive who left the company after Donahoe’s appointment in 2020, will return as chief executive, Nike’s ...

Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant ...