Mark has accumulated his net worth from his effort to the company, Nike, that doubled its profit since his presence. Nike’s traditional sales channel still generates the bulk of Nike’s revenue. He serves as executive chairman of Nike, Inc.. Digital sales were particularly explosive, growing from $2.8 billion last year to $3.8 billion in 2019. Parker joined Nike in 1979 as a footwear designer based in its R&D facility in Exeter, New Hampshire. He became Division Vice President in charge of development in 1987, Corporate Vice President in 1989, General Manager in 1993, and Vice President of Global Footwear in 1998. It allows the company to bypass traditional retailers and sell directly to customers via its website. “The median CEO pay ratio at S&P 500 companies was 163:1,” according to a paper published this month by the Harvard Law School Forum on Corporate Governance and Financial Regulation. Director salaries at NIKE can range from $107,806 - $258,244. Nike released its 2019 earnings weeks ago. After 10 years of work, Parker and his team launched the first "Green Shoe" that adheres to the principles of sustainability. Of this total $1,676,923 was received as a salary, $4,091,695 was received as a bonus, $3,052,000 was received in stock options, $5,000,012 was awarded as … Glassdoor will not work properly unless browser cookie support is enabled. This estimate is based upon 43 NIKE Director salary report(s) provided by employees or estimated based upon statistical methods. Read exclusive stories only found here. This estimate is based upon 43 NIKE Director salary report(s) provided by employees or estimated based upon statistical methods. But don’t write off your local sporting goods store just yet. He'll also get a $45 million bonus when he starts work on Jan. 13. [11] Parker was elected onto Walt Disney's board of directors early 2016. Investors have stood by Nike. Click to apply. -- Nike has been insisting that it is a growth company for a couple years now, even as sale growth slowed, profits fell and competitors gained marketshare. Glassdoor has millions of jobs plus salary information, company reviews, and interview questions from people on the inside making it easy to find a job that’s right for you. A free inside look at NIKE salary trends based on 6,619 salaries wages for 2,009 jobs at NIKE. [14], In 2019, Mark Parker was heavily criticized for his embrace of Nike endorser Colin Kaepernick. Total revenue hit $39.1 million, up 11% from the prior year. [8], It was announced in June 2015 that Mark Parker is replacing Phil Knight as company chairman of Nike in 2016. Last week we opened our eighth in North America: Watts Community Store, located in South Los Angeles. Salaries posted anonymously by NIKE employees. 9 Attention-Grabbing Cover Letter Examples, 10 of the Best Companies for Working From Home, The Top 20 Jobs With the Highest Satisfaction, 12 Companies That Will Pay You to Travel the World, 7 Types of Companies You Should Never Work For, How to Become the Candidate Recruiters Can’t Resist, 11 Words and Phrases to Use in Salary Negotiations, 10 High-Paying Jobs With Tons of Open Positions, Negotiating Over Email? New Nike CEO John Donahoe on Tuesday announced a series of senior management changes at the sportswear giant, including a new chief operating officer and a new chief financial officer. Nike also cut the pay of other top executives. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Happy they added Kaiser”. Here are 5 other execs who've had their incomes slashed", "Nike CEO takes a pay cut after rough year", "Nike's Kaepernick Embrace Makes Matters Worse: CEO Daily", "Nike's Chief Executive, Mark Parker, Is Stepping Down", "Crave Profile: Sarina Brewer and Rogue Taxidermy", https://en.wikipedia.org/w/index.php?title=Mark_Parker&oldid=970934643, Businesspeople from Poughkeepsie, New York, American chief executives of fashion industry companies, American chief executives of manufacturing companies, Pages using infobox person with unknown parameters, Articles with unsourced statements from February 2015, Creative Commons Attribution-ShareAlike License, This page was last edited on 3 August 2020, at 07:11. A free inside look at NIKE salary trends based on 207 salaries wages for 81 jobs at NIKE. Speculation is rampant about how much the project is costing Nike. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. As confirmed by Celebrity Net Worth, his salary is $1.5 million. CEO Mark Parker is taking a 71% cut this year. Nike Inc. Chief Executive Mark Parker’s total compensation for the year ended May 31 was valued at $16.8 million, up from $14.7 million the previous year. Parker, Nike’s CEO and president and board chair, saw his total compensation hit $13.9 million in the company’s 2019 fiscal year. The study found that the median compensation paid to median employees was $68,708, more than double Nike’s number. Nike Community Stores hire 85% of our teammates from within a 3-mile radius of the store.

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