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For two generations, American companies have been run to maximize short-term financial returns instead of to produce great ...

The company has struggled with declining sales, missing its earnings targets and facing predictions of a 10% drop in revenue.

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.

In hiring Hill, Nike signaled its intent to bring the company back to its glory days—a feat Barron’s believes it can do. We ...

Nike's hard-hit shares rallied Friday as Wall Street analysts largely welcomed the company's appointment of veteran executive ...

Sept 20 (Reuters) - Nike's new CEO is expected to double down on the company's efforts to repair relations with retailers to ...

Nike stock is higher Friday after the embattled retailer announced a 32-year company veteran will return as its incoming CEO.

Nike chief executive John Donahoe will retire next month in an abrupt leadership change punctuating a period of dour ...

The athletic company announced on Thursday that CEO John Donahoe will retire next month and will be succeeded by Elliott Hill ...

(Reuters) - Nike's new CEO will likely focus on repairing relations with retailers to boost demand, a strategy that took a ...

A sportswear giant announced the retirement of its president and CEO on Tuesday after nearly five years behind the wheel.