SportsPro breaks down what led to Nike chief executive John Donahoe's departure and what comes next for the sportswear giant.

Nike (NYSE: NKE) just announced that its current CEO has retired, and it’s bringing in a long-time employee to take the helm.

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

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Nike said John Donahoe will retire as chief executive and from the board, and named his successor, Elliott Hill, who retired ...

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John Donahoe has announced his retirement as Nike CEO, with Elliot Hill set to replace him on Sept. 19, while Donahoe will remain an advisor until January 2025.