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

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(Reuters) - Nike's new CEO will likely focus on repairing relations with retailers to boost demand, a strategy that took a ...