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

--On pace for largest percent increase since Dec. 21, 2022, when it rose 12.18% --Currently up six consecutive days; up 10.87% over this period ...

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's new CEO is expected to double down on the company's efforts to repair relations with retailers to energize sales, ...