Nike's Jared Carver is expected to resign as president and CEO of Converse, with Aaron Cain ready to assume the leadership role.

Financial Gravity Asset Management acquired 24,760 shares of Nike in Q1, valued at around $1.57 million, per SEC filings.

For the week ending July 11, the S&P 500 Consumer Discretionary sector (NYSEARCA:XLY) rose 1.39%, but this lagged the S&P 500's (SP500) 0.48% increase. Year-to-date, the sector has fallen 1.30%, ...

Nike, Inc. has appointed Aaron Cain, a 21-year company veteran, as the new CEO of Converse, according to Bloomberg. Cain ...

Jared Carver is leaving the role after just two years, but will stay on for a transition period through the end of the month.

Converse appoints Nike veteran Aaron Cain as its new CEO, replacing Jared Carver after a two-year tenure. Cain's appointment ...

Nike has appointed veteran executive Aaron Cain as the new CEO of Converse, replacing Jared Carver after two years. Cain, who ...

Nike (NKE) is replacing the chief executive of its Converse subsidiary with a company veteran, hoping to revive the brand, which was once hugely popular with young consumers. Nike CEO Elliott Hill ...

Nike CEO Elliott Hill announced that Converse CEO Jared Carver is out and will be replaced by Aaron Cain, VP of Nike Global ...

Nike is replacing the chief executive of its Converse subsidiary as it seeks to reverse a prolonged sales slump for the ...

US regulators approved Moderna Inc.’s COVID-19 vaccine for children, but for a narrower group than before, continuing Robert ...

Nike said in an internal memo seen by Reuters on Thursday that Jared Carver, president and CEO of Converse, would step down ...