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.

New Nike CEO Elliot Hill is inheriting “a turnaround that has yet to show momentum,” according to Stifel analyst Jim Duffy.

Disney told employees on Thursday that it will no longer use Slack for internal communication after a hack earlier this year ...

On the executive front, Nike (NKE) shares are jumping on the news CEO Phil Donahue will retire next month and will be replaced by Elliot Hill. Shares of Nike have declined over 20% this year. Yahoo ...

The S&P 500 Index ($SPX) (SPY) today is down by -0.13%, the Dow Jones Industrials Index ($DOWI) (DIA) is down by -0.17%, and ...

On the executive front, Nike (NKE) shares are jumping on the news CEO Phil Donahue will retire next month and will be replaced by Elliot Hill. Shares of Nike have declined over 20% this year. Yahoo ...

Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month.

Nike (NKE) stock popped more than 7% in early trading Friday after the company named a new CEO amid its efforts to reinvigorate slowing sales growth. Nike said Thursday that Elliott Hill, a former ...