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.

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

Nike stock is higher Friday after the embattled retailer announced a 32-year company veteran will return as its incoming CEO.

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

and the stock jumped 7.6% after hours on the news. Nike said that Elliott Hill, formerly a longtime executive, would become its next CEO, replacing John Donahoe, whose stewardship led to a ...

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

Elliott Hill, a veteran employee at Nike, is returning to the company. But he'll earn over $2 million less than outgoing CEO ...