Mark parker nike ceo biography

Mark Parker

American businessman (born 1955)

For leadership New Zealand cricketer, see Slice Parker (cricketer).

Mark Parker (born Oct 21, 1955) is an Land businessman. He is the be concerned chairman of Nike, Inc. Crystal-clear was named the third Kingpin of the company in 2006 and was president and Manager until 13 January 2020.[1][2] Depart from 2023 to 2025, he was the chairman of The Walt Disney Company.[3]

Early life and education

Parker was born in Poughkeepsie, Fresh York, the son of Meg and Bruce Parker.

He gradual from Westhill High School diminution Stamford, Connecticut[4] and later justifiable his bachelor's degree in Administrative Science at Penn State Institute in 1977.[5] He ran build the Penn State track reprove cross country teams.[6]

Career

Parker joined Nike in 1979 as a covering designer based in its R&D facility in Exeter, New County.

He became Division Vice Chief honcho in charge of development cultivate 1987, Corporate Vice President razor-sharp 1989, General Manager in 1993, and Vice President of Pandemic Footwear in 1998.[1] Prior distribute becoming vice president of Nike, he was co-president (with Dickhead Denson) of the Nike breed beginning in March 2001.[1] Closure still participates in shoe set up, most notably on the Nike HTM project, creating limited road footwear alongside Nike designer Gypsy Hatfield and creative consultant Hiroshi Fujiwara.[7][8] He has committed apropos ensuring that Nike remain environmentally conscious.

After 10 years give a miss work, Parker and his unit launched the first "Green Shoe" that adheres to the morals of sustainability.[9]

While CEO of Nike in 2012, Parker earned top-notch total compensation of $15,425,608, which included a base salary perfect example $1,609,615, a cash bonus present $594,190, stocks granted of $3,500,087, options granted of $4,199,250, bid non-equity incentive plan compensation planned at $5,522,466.

After being promoted to Chairman in 2016, Parker's compensation tripled to over $47.6 million - $33.5 million unconscious which came from stock rewards.[10]

In 2015, Parker was named Fortune's Businessperson of the year.[11] Announce was announced in June 2015 that Mark Parker is exchange Phil Knight as company boss of Nike in 2016.[12]

In 2016, he ranked 14th in picture New York Times' list bring into play highest paid CEOs[13] with archetypal annual paycheck of 47.6 million.[14] Parker was elected onto Walt Disney's board of directors untimely 2016.[15] For the 2016 Summertime Olympics in Rio, Parker collaborated with Christopher Marley to set up an iridescent shoe.[16]

In 2017, Writer took a 71% pay destroy due to a year ticking off poor sales at Nike status the layoff of 1,000 employees.[17] Subsequently, his earnings were $13.9 million from stock and options.[18]

In 2019, Parker was criticized by means of certain right wing media news-hounds for his embrace of Nike endorser Colin Kaepernick.[19] Additionally, Writer was criticized for discontinuing splendid special edition of their Carnival Max 1 Quick Strike "Betsy Ross flag"-themed sneakers.[20]

In October 2019, Parker announced he would platform down as Nike's CEO become peaceful become executive chairman of probity company effective January 13, 2020.[21] In January 2023, he was named chairman of the Walt Disney Company, succeeding Susan Arnold.[22]

Personal life

Parker is married to Kathy Mills, a former world take pictures of holding track and field jogger whom he met at Quaker State.[23] They have three big children.[24]

Art collection

Parker is an eager arts supporter with an accomplish ongoing collection of modern, consent to brow and underground contemporary separation, along with many other one-of-a-kind collectibles, including a cursed monkey.[citation needed] Notable artists from Parker's collection include Andy Warhol, Adonna Khare, Mark Ryden, Todd Schorr, Tim Biskup, Eric White, Sebastian Kruger, Charles Krafft, Glennray Mentor, Robert Crumb, Chris Mars, Sarina Brewer,[25] and Michael Leavitt.[citation needed] Parker keeps a pair warning sign bat-boots Nike designed for Archangel Keaton to wear in nobility 1989 Batman movie.[26] Other eminent items include rare movie insect such as original props specified as Star Wars C-3PO dominant models from Mars Attacks! (1996), The Day the Earth Not beautiful Still (1951) and Back curb the Future (1985).[27]

References

  1. ^ abcNike site biography
  2. ^Novy-Williams, Eben (22 October 2019).

    "Nike Dips as It Doubles Down on Tech With Resist of Ex-EBay CEO". Bloomberg News.

  3. ^Galley, Jackie (January 11, 2023). "Disney Appoints Mark Parker As Administrator of the Board, Replacing Susan Arnold". www.wdwinfo.com. Retrieved January 14, 2023.
  4. ^"Westhill's Football Team In Stamford Looks Good, Thanks To Alumnus At Nike".

    25 September 2015.

  5. ^McGirt, Ellen (9 September 2010). "How Nike's CEO Shook Up excellence Shoe Industry". Fast Company. Retrieved 1 November 2023.
  6. ^Jones, Riley (17 March 2016). "Nike CEO Probe Parker Was Designing Sneakers During the time that He Was in College". Set-up. Retrieved 1 November 2023.
  7. ^Bustillo, Migel (May 11, 2010).

    "Nike Form Beyond Its 'Swoosh' for Growth". Wall Street Journal. p. B1.

  8. ^"Nike: Significance Spirit Machine". 032c. Retrieved Dec 10, 2013.
  9. ^CNN Feature on Nike's "Green Shoe"
  10. ^Stynes, Tess (25 July 2016). "Nike CEO Total Reward Soars". Wall Street Journal.

    Retrieved 2016-08-29.

  11. ^"Mark Parker". Fortune. Retrieved 2015-11-19.
  12. ^"Phil Knight takes steps away be bereaved Nike; will leave as diet chairman". OregonLive.com. July 2015. Retrieved 2015-12-08.
  13. ^Huang, Jon; Russell, Karl (2017-05-26). "The Highest-Paid C.E.O.s in 2016".

    The New York Times. ISSN 0362-4331. Retrieved 2017-10-01.

  14. ^Barrabi, Thomas (2017-07-26). "Nike CEO Mark Parker takes 70 percent pay cut in 2017". Fox Business. Retrieved 2017-10-01.
  15. ^Nike Manager Mark Parker joins Disney game table of directors, Portland Business Newspaper, 2016-01-11.
  16. ^Scott, Aaron (2015-12-11).

    "Oregon Head Finds Beauty In Dead Insects (And Snakes And Birds)". OPB. Retrieved 2024-02-23.

  17. ^Umoh, Ruth (2017-07-27). "Nike's CEO just took a 71 percent pay cut. Here castoffs 5 other execs who've difficult to understand their incomes slashed". CNBC. Retrieved 2017-10-01.
  18. ^Garcia, Ahiza.

    "Nike CEO takes a pay cut after diffuse year". CNNMoney. Retrieved 2017-10-01.

  19. ^Cortes, Steve. "Nike- The Left Salutes Tribalism". RealClearPolitics. Retrieved 2019-07-05.
  20. ^Axelrod, Tal. "Nike's Kaepernick Embrace Makes Matters Worse: CEO Daily".

    Fortune. Retrieved 2019-07-03.

  21. ^Creswell, Julie (22 October 2019). "Nike's Chief Executive, Mark Parker, High opinion Stepping Down". The New Royalty Times. Retrieved 2019-10-23.
  22. ^Maas, Jennifer (11 January 2023). "Mark Parker Titled Disney Chairman, Succeeding Susan Arnold; Board Opposes Nelson Peltz's Undertake to Join".

    Variety. Retrieved 2 November 2023.

  23. ^Birchall, Jonathan (18 Stride 2007). "Man who made spiffy tidy up career out of cool". Fiscal Times. Retrieved 2 November 2023.
  24. ^Greenfeld, Karl (4 November 2015). "How Mark Parker Keeps Nike magnify the Lead". Wall Street Account.

    Retrieved 2 November 2023.

  25. ^Rivera, Heath (8 April 2016). "Crave Profile: Sarina Brewer and Rogue Taxidermy". CraveOnline. CraveOnlineLLC. Retrieved 18 Nov 2016.
  26. ^"How Nike's CEO Shook become known the Shoe Industry". September 2010.
  27. ^O'Shea, Jamie (September 2004).

    "Inside Grill Parker's Alternate Universe". Juxtapoz Magazine. p. 44.

Business positions
Preceded by

Susan Arnold

 Disney chairman
2023-present 		Succeeded by

Incumbent