Nike on Thursday named a company veteran ... In the press release, Donahoe said he recognized it was “time to make a leadership change.” He added Hill is the “right person.” ...

Shares of Nike Inc. climbed 6% Friday after the sneaker maker and sportswear giant announced a CEO switch. But analysts say that incoming chief executive and company veteran Elliott Hill has his ...

Nike announced that CEO John Donahoe is leaving and will be replaced by former executive Elliott Hill. Donahoe has been under intense pressure in recent months after the firm had essentially no ...