The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three ...

Nike said John Donahoe will retire as chief executive and from the board. Elliott Hill, who retired from the sneaker maker in ...

CEO John Donahoe has announced that he is retiring and leaving the sneaker and athletic apparel maker. He is being replaced ...

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

Nike announced on Thursday that its CEO John Donahoe is stepping down. The company said in a statement that company veteran ...

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

New York (CNN) — Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The ...