We support our Publishers and Content Creators. You can view this story on their website by CLICKING HERE.

BEAVERTON, Ore. — Nike Inc. said Thursday it has named Elliott Hill as its president and CEO, replacing John Donahoe, who will retire next month. Hill is returning to the company from which retired in 2020. He previously held leadership positions at the sportswear giant across Europe and North America. Before his retirement, he served as the president of consumer and marketplace operations for Nike and the Jordan brand. Nike’s sales have weakened recently and its stock is down about 24% year-to-date. In its most recent quarter, which ended on…