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

Wall Street closed flat on Friday, hovering near the previous session's record-high close for the Dow and S&P 500, while the ...

The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three ...

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 ...

NEW YORK >> U.S. stocks closed nearly unchanged today, as investors paused buying after a strong rally in the prior session that was fueled by an upsized interest-rate cut by the Federal Reserve, ...

Company veteran Elliott Hill will lead a turnaround effort at the global sportswear giant, where sales have faltered and ...

Stocks were choppy Friday as market participants took a breather following Thursday's Fed-fueled rally. While buzz continued ...

On Thursday, Nike’s stock soared after the news that Hill would replace current CEO John Donahoe, who will step down next ...

The former leader returns to the athletic sportswear and apparel company, which has seen sluggish sales in the past year.

When Nike said on Thursday that John Donahoe was stepping down as chief executive officer, his exit from a rocky tenure ...