Nike (NKE) stock is on the rise after news that CEO John Donahue is stepping down, to be replaced by Elliott Hill ...

Nike has tapped Elliott Hill, a long-time veteran of the company who retired in 2020, as its new President and CEO, effective Oct. 14, 2024.

Wall Street is quieter on Friday, and U.S. stocks are edging back from the records they set the day before during a worldwide rally. The S&P 500 was 0.3% lower in morning ...

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

Wall Street hit the brakes on its post-Fed rally to start a triple-witching Friday session. The Dow was down 46 points, or 0.1%, while the S&P 500 was down 0.2%. The Nasdaq Composite slipped 0.1%.

Wall Street's main indexes dipped on Friday following a rally driven by a significant interest rate cut from the Federal ...

Nike's CEO John Donahoe is stepping down. The company released a statement saying Elliott Hill will come out of retirement to take over. Donahoe has been Nike's CEO since ...

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

One analyst said the “highly anticipated leadership change will inject a much-needed sense of urgency” to Nike, whose share price remains down 50% from its 2021 peak.

Nike is making a bold move to revitalize its brand and recover from a period of financial stumbles, announcing that 32-year ...

U.S. stocks are drifting in early trading after leaping to records the day before as part of a worldwide rally.

Nike Inc. ousted beleaguered Chief Executive Officer John Donahoe, bringing longtime executive Elliott Hill out of retirement ...