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How Did Nike CEO Mark Parker Make 250 Million?

$ 250 Million

Mark Parker is an American businessman who has a net worth of $250 million. He became famous for being the Chief Executive Officer of Nike, Inc. Mark has been serving the CEO of Nike since 2006. In 2015 he was awarded by Fortune as the Businessperson of the year. Do you wanna know Mark Parker Net worth❓ Have you ever think about How much money is he earning from his business life? The total value of his Cars, House, Properties? Here you will be getting answered for all these questions.

Check out the below article to know the complete information regarding Networth of Mark Parker and His Earnings other Investments details. Also Check, How Much Money is Peter Guber and Jim Henson Worth.

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Mark Parker Net Worth 2020

In the year 2013, Mark Parker made over $15 million as Nike’s CEO which included a base salary of just over $1.5 million, restricted stock awards of just over $3.5 million, option awards of over $4 million, and non-equity incentive plan compensation of over $5.5 million. Mark owns 3 million Nike shares which have a market value of $228 million dollars, as of now.

What is Mark Parker’s Salary

  • 2015 salary, awards, incentives: $16,819,730
  • 2014 salary, awards, incentives: $14,678,349

Mark G. Parker earned a total payment of $16,425,608, which included a base price of $1,609,615, stocks grant of $3,500,087, a cash bonus of $594,190 and non-equity incentive plan compensation listed at $5,522,466. As a chairman, Mark’s reimbursement boosted to $47.7 million from which $33.6 million came out of stock rewards in 2016.

Early Life:

Mark Parker was born on October 21, 1955, in Poughkeepsie, New York. He is the son of Meg and Bruce Parker. In 1977, he earned his bachelor’s degree in Political Science from Penn State University.

Career:

Mark Parker started his career as a footwear designer in Exeter in 1979. Later, he became Division Vice President in charge of development in 1987. In 1989 he became Corporate Vice President, in 1993 General Manager, and in 1998 Vice President of Global Footwear. In 2001 Parker was co-president with Charlie Denson. In 2006 Parker became the third CEO of Nike.

Even after becoming the Chief Executive officer of Nike, he still looks after the designs of Nike along with the designer of the Nike Tinker Hatfield. Parker along with his team released the first-ever “Green Shoe” that follows the principles of sustainability.

He won the Businessperson of the year award in 2015 by Fortune. In 2015, It was reported that Mark Parker is will be the new company chairman of Nike, replacing Phil Knight, in 2016. In 2016, he listed at the 14th position in the list of highest-paid CEOs in the New York Times with a yearly gross of 47.6 million.

Mark Parker’s career at Nike

  • 1979 – Footwear Designer
  • 1989 – Division Vice President
  • 1993 – General Manager
  • 1998 – Vice President of Global Footwear
  • 2001 – Chief Executive Officer

Personal Life:

Mark Parker is married to Kathy and the couple has three children, Jennifer, Meg Elizabeth, and Matthew.

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Quick Facts about Mark Parker:

Net Worth $250 Million
Date Of Birth October 21, 1955
Place Of Birth Poughkeepsie, New York State USA
Profession CEO of Nike. Inc, footwear designer
Education Penn State University
Nationality American
Spouse Kathy Parker
Children Matthew Parker, Jennifer Parker, Megan Parker
Nominations Business Person of the Year for 2015 by the magazine Fortune
Movies “Mars Attacks!”(1996), “Back to the Future” (1989), “Batman” (1989)
TV Shows “The Unreal Artwork Inside the Office of Nike CEO Mark Parker” (2012)

Hope you like this Mark Parker Networth article. If you like this, then please share it with your friends… This above post is all about the estimated earnings of Mark Parker. Do you have any queries, then feel free to ask via the comment section.

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