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

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

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

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 ...

Elliott Hill, the newly named chief executive officer of Nike, acknowledged that things have been rough for the world's ...

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 ...

The Dow Jones Industrial Average stretched its record closing run Friday as markets evaluated remarks by two Federal Reserve governors. The Dow rose 0.1% to 42,063.4. The Nasdaq Composite fell 0.4% to ...