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

Here, we have a non-legal 45mm stack of cushioning, so the shoe is aimed at faster-paced daily training. It’s still a ...

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

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

Nike said that Elliott Hill will rejoin the company to succeed John Donahoe as president and CEO. Hill was at Nike for 32 ...

A sportswear giant announced the retirement of its president and CEO on Tuesday after nearly five years behind the wheel.

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

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

Elliott Hill will replace John Donahoe as chief executive next month, following months of struggles for the athletic-wear ...

Nike CEO John Donahoe has announced his retirement, leaving big shoes to fill for the athletic clothing company.

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