Nike Inc. ousted beleaguered chief executive John Donahoe, bringing longtime executive Elliott Hill out of retirement in a bid to return the struggling athletic brand to its glory days.
Nike shares moved higher Friday after the world’s largest athletic apparel and equipment company announced Elliott Hill will replace John Donahoe as CEO. Monitor these important chart levels.
Investors are hoping that replacing John Donahoe as chief executive will lift its stock price and restore the brand’s cool ...
Sept. 20 (UPI) -- Nike announced that CEO and President John Donahue will retire and be replaced by former Nike executive ...
Nike's John Donahoe is the latest CEO to get the chop amid a difficult environment for retail and consumer-focused companies ...