Mark Parker is the Executive Chairman of Nike, Inc. and has been a key player in the company since 1979. He led as the President and CEO from 2006 until 2020, where his focus was on growth and innovation. Parker's...

Number of Employees

83.7K

Year

2020

Total Compensation

$10.96M

Salary

$1.70M

Board Justification

The compensation philosophy is designed to attract and retain top-tier talent, align executive compensation with company performance, and ensure competitive compensation packages that reflect market standards.

Bonus

$6.03M

Board Justification

Annual cash incentive awards which were paid at 120% of target to each executive officer, including a transition-period cash incentive award of $6,025,000 for fiscal 2020.

Other

$3.24M

Board Justification

Includes charitable matching contributions made by the Company, company-related merchandise, and daily residential security.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2020 as the RSU component of Mr. Parker's fiscal 2021 stock-based incentive award was eliminated.

Performance Metrics

The performance metrics for the CEO's compensation in 2020 included revenue growth, digital sales performance, and management of SG&A expenses.

SEC Filing

From August 9, 2021

Mark Parker

Ex-CEO of Nike

MP

Education

Bachelor of Science in Political Science from Penn State University

Field of Expertise

Sales & Marketing - Marketing

Born

October 21, 1955 - 69 years ago

Is Founder?

No

Tenure

13 years 11 months (Jan 2006 - Jan 2020)

Previous Experience

Joined Nike in 1979 as a footwear designer and held various positions including Division Vice President of Consumer Product Marketing and Vice President of Global Footwear.