Nike’s incoming chief executive is known for welling up with tears when he speaks about the company because he cares so much ...

The company has struggled with declining sales, missing its earnings targets and facing predictions of a 10% drop in revenue.

Nike said that Elliott Hill, formerly a longtime executive, would become its next CEO, replacing John Donahoe, whose stewardship led to a decline in the brand and its performance since he took over in ...

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

Some boards see reinstating a previous executive as a temporary solution — a familiar face can foster stability in a ...

Nike's John Donahoe is the latest CEO to get the ax amid a difficult environment for retail and consumer-focused companies in ...

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 ...

The world's biggest sportswear group said John Donahoe will stand down as president and chief executive next month.

Nike announced Thursday night that CEO John Donahoe will step down next month, with longtime company veteran Elliott Hill returning to take over. Nike stock jumped Friday.Please watch the video at ...