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

Check out the best collection of Running shoes from a renowned brand, Nike, which is very popular for its comfort and style.

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

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

College endorsements could help revive Nike's struggling stock, with strong growth potential in China and promising brand ...

Hill, who previously served as President of Nike's Consumer and Marketplace division, will assume the position on October 14 ...

Nike Inc stock price jumped in after-hours trading Thursday on news that CEO John Donahoe is retiring and will be replaced by ...

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 ...

Nike announced plans to toss out its president and CEO John Donahoe, as demand falters for the brand's sneakers.He'll be ...

Hill was at Nike for 32 years and held senior leadership positions across Europe and North America where he helped expand the ...

Nike shares are trading higher by 2.2% Thursday morning. The Federal Reserve on Wednesday cut interest rates by 50 basis ...