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

Nike said on Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president ...

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.

Donahoe, 64, will retire and remain an adviser through January. Nike shares jumped more than 7% in extended New York trading.

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

Nike (NKE) investors are running with the idea of 32-year insider Elliott Hill returning the sneaker giant to glory as CEO, ...

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

Nike shares moved higher Friday after the world’s largest athletic apparel and equipment company announced Elliott Hill will ...

Investors are hoping that replacing John Donahoe as chief executive will lift its stock price and restore the brand’s cool ...

Hill will assume his new role on Oct. 14 and will also join the Board of Directors and the Executive Committee.

Hill joined Nike in 1988 after grad school, rising through roles to become president of geographies and sales by 2013.