Nike stock is higher Friday after the embattled retailer announced a 32-year company veteran will return as its incoming CEO.

Nike has tapped Elliott Hill, a long-time veteran of the company who retired in 2020, as its new President and CEO, effective ...

Jim Duffy, Sitfel, joins 'Squawk on the Street' to discuss why Nike hasn't seen analyst rerating after the chief executive ...

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.

Nike is making a bold move to revitalize its brand and recover from a period of financial stumbles, announcing that 32-year ...

Nike aims to regain market share, especially in the running category, by spotlighting performance products and introducing ...

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

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

On Friday, NIKE, Inc. (NKE) saw a notable increase of +5.59%, bringing its stock price to $85.51 during premarket trading. This movement comes in the wake of significant news regarding a leadership ...

Nike's new CEO will likely focus on repairing relations with retailers to boost demand, a strategy that took a back seat ...

Elliott Hill started at Nike as an intern in 1988 but steadily scaled its ranks, banking on values of grit and hard work ...