Next up is Elliott Hill, a Texas native with a charming George Clooney mug, a lingering Southern drawl, and decades of ...

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

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

Elliott Hill, who in 2020 retired as the company's president of consumer and marketplace, will succeed Donahoe as president and CEO starting Oct. 14, Nike said Thursday. Donahoe will also step down ...

Elliott Hill, the newly named chief executive officer of Nike, acknowledged that things have been rough for the world's ...

NEW YORK >> U.S. stocks closed nearly unchanged today, as investors paused buying after a strong rally in the prior session that was fueled by an upsized interest-rate cut by the Federal Reserve, ...

Company veteran Elliott Hill will lead a turnaround effort at the global sportswear giant, where sales have faltered and ...

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

Stocks were choppy Friday as market participants took a breather following Thursday's Fed-fueled rally. While buzz continued ...

The former leader returns to the athletic sportswear and apparel company, which has seen sluggish sales in the past year.

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

After losing market share in recent years, Nike faces near-term challenges such as the sales momentum among competitors.