Mark Parker Bio | Wiki
Mark Parker is a prominent American businessman. As of now, he works at Nike, Inc. as the executive chairman. Back in 2006, Mark was named the third CEO of the company.
He also served as president and CEO until 13 January 2020. Additionally, Mark has served as chairman of The Walt Disney Company since April 3, 2023.
Mark Parker Age
He was born on October 21, 1955, in Poughkeepsie, New York, United States. Mark is 68 years old.
Mark Parker Height
He is a man of average stature. Mark stands at a height of 5 ft 10 ( Approx. 1.78m ).
Mark Parker Family
He was born and brought up in Poughkeepsie, New York, United States to Bruce and Meg Parker.
Mark Parker Wife
He is a married man. Mark is blissfully hitched to his loving and caring wife Kathy Parker. As a couple, they are blessed with three children named Matthew, Meg Elizabeth, and Jennifer.
Mark Parker Education
He went to Westhill High School in Stamford, Connecticut, United States, and graduated with his diploma. Later, Mark matriculated at Penn State University and graduated with a Bachelor of Science Degree in Political Science in 1977.
Mark Parker Nike
He started working for Nike in 1979 as a footwear designer at its Exeter, New Hampshire, R&D center. In 1987, Mark was appointed Division Vice President in charge of development. He then attained the positions of Corporate Vice President, General Manager, General Manager, and Vice President of Global Footwear. Beginning in March 2001, he shared leadership of the Nike brand with Charlie Denson before being named vice president of Nike.
He continues to work on shoe design projects, most notably the Nike HTM project, where he collaborates with Tinker Hatfield, a Nike designer, and Hiroshi Fujiwara, a creative consultant, to produce limited edition footwear. Mark has pledged to make sure Nike keeps an eye on the environment. He and his team introduced the first “Green Shoe” that adheres to sustainability principles after ten years of development.
Mark Parker CEO Nike
A base salary of $1,609,615, a cash bonus of $594,190, shares given of $3,500,087, options granted of $4,199,250, and non-equity incentive plan compensation indicated at $5,522,466 were all included in Mark’s total 2012 compensation as CEO of Nike. His total income was $15,425,608. His pay increased to approximately $47.6 million after he was elevated to Chairman in 2016, $33.5 million of which came through stock incentives.
He received the Fortune Businessperson of the Year award in 2015. Mark will succeed Phil Knight as Nike’s company chairman in 2016, it was reported in June 2015. With an annual salary of 47.6 million, he received the 14th-highest salary among CEOs in 2016 according to the New York Times. Early in 2016, Mark was chosen to join the Walt Disney Company’s board of directors. He suffered a 71% wage cut in 2017 as a result of Nike’s weak sales in that year and the firing of 1,000 employees. Mark eventually made $13.9 million from shares and options.
He received backlash from right-wing media commentators in 2019 for his support of Colin Kaepernick, a Nike endorser. Additionally, Mark came under fire for pulling a limited-edition pair of Air Max 1 Quick Strike sneakers with a “Betsy Ross flag” theme. He declared in October 2019 that he would leave his position as CEO of Nike on January 13, 2020, to take on the role of executive chairman.
Mark Parker Disney
In early 2016, he was elected to Walt Disney’s board of directors. Mark has served as chairman of The Walt Disney Company since April 3, 2023. On January 25, 1964, the American athletic footwear and apparel corporation was founded by Phil Knight and Bill Bowerman as “Blue Ribbon Sports.” On May 30, 1971, it officially became Nike, Inc. Furthermore, the company markets its products under its own brand as well as Nike CR7, Nike Skateboarding, Foamposite, Air Max, Nike Dunk, Air Force 1, Nike Blazers, Air Jordan, Nike+, Nike Pro, and Nike Golf.
Mark Parker Kobe 11 | Kobe
He designed The Nike Kobe 11 which is inspired by the Black Mamba snake. Furthermore, the sneaker is a special edition version of Kobe Bryant’s eleventh signature shoe. On May 26th, 2016, it was released for $200 on Nike.com, Nike SNKRS, and select retailers globally. On April 13, 2021, Nike and the estate of Kobe Bryant ended their 18-year partnership after failing to come to terms with a new agreement.
Mark Parker Art Collection
He is an avid arts supporter with an extensive ongoing collection of modern, low-brow, and underground contemporary art. This is along with many other one-of-a-kind collectibles that include a cursed monkey. Notable artists from Mark’s collection include Michael Leavitt, Sarina Brewer, Chris Mars, Robert Crumb, Glennray Tutor, Charles Krafft, Sebastian Kruger, Eric White, Tim Biskup, Todd Schorr, Mark Ryden, Adonna Khare, and Andy Warhol.
Furthermore, he keeps a pair of bat boots Nike designed for Michael Keaton to wear in the 1989 Batman movie. Other notable items include models from Back to the Future (1985), The Day the Earth Stood Still (1951), and Mars Attacks! (1996).
Mark Parker Office
Obscura Magazine previously released a peek inside the newly redesigned office of Mark back in December 2013. Furthermore, the office seemed more like a ‘home away from home’ than a workspace in the traditional sense.
Mark Parker House
He leads a very private lifestyle and has not shared any details regarding his house.
Mark Parker Salary
He spawns his monthly earnings working at Nike, Inc. as the executive chairman. Furthermore, Mark also earns a supplemental income working as chairman of The Walt Disney Company. He pockets a salary of $1.1 Million.
Mark Parker Net Worth
Having been working as a businessman by profession for many years now, he has managed to garner good affluence in his career thus far. Mark’s net worth is $270 Million.
Who Is Mark Parker
She is a 68-year-old prominent American businessman working at Nike, Inc. as the executive chairman. Back in 2006, Mark was named the third CEO of the company. He also served as president and CEO until 13 January 2020. Additionally, Mark has served as chairman of The Walt Disney Company since April 3, 2023.
How Old Is Mark Parker
He is 68 years old. Mark was born on October 21, 1955, in Poughkeepsie, New York, United States. Thus, he relishes and commemorates his birthday on October 21 every year.
How Tall Is Mark Parker
He is a man of average stature who stands at a height of 5 feet 10 inches approximately 1.78 meters.