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

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

Nike chief executive John Donahoe will retire next month, the company announced Thursday — marking the latest shake-up for ...

Nike said John Donahoe will retire as chief executive and from the board, and named his successor, Elliott Hill, who retired ...

CNBC's Sara Eisen joins 'Closing Bell Overtime' to talk Nike CEO John Donahoe stepping down.

Nike said John Donahoe has decided to retire as chief executive and from the board on Oct. 13.