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

Nike's new CEO is expected to double down on the company's efforts to repair relations with retailers to energize sales, ...

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 ...

Wall Street's main indexes eased on Friday as investors held back after a rally in the previous session that was sparked by an oversized interest rate cut by the Federal Reserve. The S&P 500 and the ...

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

Nike stock is up more than 8% following the Oregon-based company’s announcement on Thursday that John Donahoe was stepping ...

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

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

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

Elliott Hill, a 35-year Nike veteran, will assume the role of CEO next month as the sportswear giant faces declining sales ...