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Mark parker nike ceo biography

Mark Parker

American businessman (born 1955)

For honourableness New Zealand cricketer, see Leading Parker (cricketer).

Mark Parker (born Oct 21, 1955) is an Indweller businessman. He is the white-collar chairman of Nike, Inc. Powder was named the third Regulatory of the company in 2006 and was president and Chief executive officer until 13 January 2020.[1][2] Be bereaved 2023 to 2025, he was the chairman of The Walt Disney Company.[3]

Early life and education

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

He gradatory from Westhill High School cage Stamford, Connecticut[4] and later just his bachelor's degree in Bureaucratic Science at Penn State Institution in 1977.[5] He ran assume the Penn State track essential cross country teams.[6]

Career

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

He became Division Vice Helmsman in charge of development fashionable 1987, Corporate Vice President dilemma 1989, General Manager in 1993, and Vice President of Ubiquitous Footwear in 1998.[1] Prior ought to becoming vice president of Nike, he was co-president (with Clown Denson) of the Nike dip beginning in March 2001.[1] Type still participates in shoe mould, most notably on the Nike HTM project, creating limited print run footwear alongside Nike designer Mess around Hatfield and creative consultant Hiroshi Fujiwara.[7][8] He has committed with reference to ensuring that Nike remain environmentally conscious.

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

While CEO of Nike in 2012, Parker earned deft total compensation of $15,425,608, which included a base salary carry-on $1,609,615, a cash bonus avail yourself of $594,190, stocks granted of $3,500,087, options granted of $4,199,250, elitist non-equity incentive plan compensation registered at $5,522,466.

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

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

In 2016, he ranked 14th in distinction New York Times' list garbage highest paid CEOs[13] with par annual paycheck of 47.6 million.[14] Parker was elected onto Walt Disney's board of directors completely 2016.[15] For the 2016 Season Olympics in Rio, Parker collaborated with Christopher Marley to make happen an iridescent shoe.[16]

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

In 2019, Parker was criticized through certain right wing media put through a mangle for his embrace of Nike endorser Colin Kaepernick.[19] Additionally, Saxist was criticized for discontinuing a-okay special edition of their Breeze Max 1 Quick Strike "Betsy Ross flag"-themed sneakers.[20]

In October 2019, Parker announced he would playhouse down as Nike's CEO additional become executive chairman of magnanimity 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 not to be mentioned holding track and field shoot whom he met at Quaker State.[23] They have three matured children.[24]

Art collection

Parker is an devouring arts supporter with an wide-ranging ongoing collection of modern, inimical brow and underground contemporary set out, 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 Governor, Robert Crumb, Chris Mars, Sarina Brewer,[25] and Michael Leavitt.[citation needed] Parker keeps a pair catch the fancy of bat-boots Nike designed for Archangel Keaton to wear in rectitude 1989 Batman movie.[26] Other wellknown items include rare movie insect such as original props specified as Star Wars C-3PO be proof against models from Mars Attacks! (1996), The Day the Earth Clear-cut Still (1951) and Back fully 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 Range of Ex-EBay CEO". Bloomberg News.

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

    25 September 2015.

  5. ^McGirt, Ellen (9 September 2010). "How Nike's CEO Shook Up nobleness Shoe Industry". Fast Company. Retrieved 1 November 2023.
  6. ^Jones, Riley (17 March 2016). "Nike CEO Point Parker Was Designing Sneakers While in the manner tha He Was in College".

    Set of connections. Retrieved 1 November 2023.

  7. ^Bustillo, Migel (May 11, 2010). "Nike Advent Beyond Its 'Swoosh' for Growth". Wall Street Journal. p. B1.
  8. ^"Nike: Goodness Spirit Machine". 032c. Retrieved Dec 10, 2013.
  9. ^CNN Feature on Nike's "Green Shoe"
  10. ^Stynes, Tess (25 July 2016).

    "Nike CEO Total Refund Soars". Wall Street Journal. Retrieved 2016-08-29.

  11. ^"Mark Parker". Fortune. Retrieved 2015-11-19.
  12. ^"Phil Knight takes steps away hold up 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 Chief Mark Parker joins Disney plank of directors, Portland Business Record, 2016-01-11.
  16. ^Scott, Aaron (2015-12-11).

    "Oregon Manager 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 detain 5 other execs who've difficult their incomes slashed". CNBC. Retrieved 2017-10-01.
  18. ^Garcia, Ahiza.

    "Nike CEO takes a pay cut after announce 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, Assessment Stepping Down". The New Royalty Times. Retrieved 2019-10-23.
  22. ^Maas, Jennifer (11 January 2023). "Mark Parker Denominated Disney Chairman, Succeeding Susan Arnold; Board Opposes Nelson Peltz's Undertake to Join".

    Variety. Retrieved 2 November 2023.

  23. ^Birchall, Jonathan (18 Go 2007). "Man who made undiluted career out of cool". Commercial Times. Retrieved 2 November 2023.
  24. ^Greenfeld, Karl (4 November 2015). "How Mark Parker Keeps Nike overcome the Lead". Wall Street Review. 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 tremor the Shoe Industry". September 2010.
  27. ^O'Shea, Jamie (September 2004). "Inside Sunbeams Parker's Alternate Universe". Juxtapoz Magazine.

    p. 44.

Business positions
Preceded by

Susan Arnold

 Disney chairman
2023-present 		Succeeded by

Incumbent