This article will answer every question you have about Mark Parker. Below are some of the frequently asked questions about him.
- What does Parker do for a living?
- Who are Parker’s parents and siblings?
- What are Parker’s interests and hobbies?
- Is Parker married or does he have a girlfriend/ boyfriend?
- Does Parker have any children?
- Where is Parker now?
- How tall is Parker?
- How much money does Parker earn?
- What is Parker’s net worth?
N/B: Please read the entire post to have all your questions answered.
Who is Mark Parker?
Mark Parker is a well-recognized American businessman. Parker serves as the executive chairman of Nike, Inc. In 2006, he was named the third CEO of the company, and until January 13, 2020, he served as president and CEO.
Mark Parker Career
In 1979, Parker joined Nike as a footwear designer based in its R&D facility in Exter, New Hampshire. He then became Division Vice President in charge of development in 1987. Later in 1989, he became Corporate Vice President, General Manager in 1993, and Vice President of Global Footwear in 1998. Before becoming vice president of Nike, he worked as co-president together with Charlie Denson of the Nike brand starting in March 2001.
Parker still takes part in shoe design, most notably on the Nike HTM project, creating limited edition footwear together with Nike designer Tinker Hatfield and creative consultant Hiroshi Fujiwara. Parker has committed to ensuring that Nike remains environmentally conscious. Following 10 years of work, he and his team launched the first ”Green Shoe” that adheres to the principles of sustainability. Parker is also responsible for other brands in Nike’s portfolio such as Converse Inc.
While CEO of Nike in 2012, Mark G. Parker received a total compensation of $15,425,608. This consisted of a base salary of $1,609,615, a cash bonus of $594,190, stocks granted of $3,500,087, options granted of $4,199,250, and non-equity incentive plan compensation listed at $5,522,466. Following being promoted to Chairman in 2016, his compensation tripled to more than $47.6 million – $33.5 million of which came from stock rewards.
Parker was then named Fortune’s Businessperson of the year in 2015. It was later revealed in June 2015, that he is taking the place of Phil Knight as company chairman of Nike in 2016. He then ranked 14th in the New York Times’s list of highest-paid CEOs with an annual paycheck of 47.6 million in 2016. Mark was elected to Walt Disney’s board of directors in early 2016.
In 2017, he took a 71% pay cut because of a year of poor sales at Nike and the layoff of 1,000 employees. Subsequently, Parker’s earnings were $13.9 million from stock and options. He was criticized by certain right-wing media commentators for his embrace of Nike endorser Colin Kaepernick in 2019. Some groups then claim that Nike has recently shown a far-left bias in regard to advertising and business practices.
He was also criticized for discounting a special edition of their Air Max 1 Quick Strike ”Betsy Ross flag”-themed sneakers. Parker then revealed in October 2019 he will step down as Nike’s CEO and become executive chairman of the company on January 13, 2020.
How old is Mark Parker?
Mark Parker is aged 67 years as of 2022, having been born on October 21, 1955, in Poughkeepsie, New York, U.S. He shares his birthday with famous people including Kim Kardashian, Doja Cat, Glen Powell, Kane Brown, Carrie Fisher, Amber Rose, Ricky Rubio, Matt Dallas, and many more.
Mark Parker Family
Who are Mark Parker’s parents?
Mark Parker was born in Poughkeepsie, New York to Bruce Parker and Meg Parker. Parker has not disclosed much information about his parents and family to the media.
Does Mark Parker have siblings?
Parker was born into a family of two children. He has one sibling, a brother named Christopher Parker.
Mark Parker Education
Parker attended Westhill High School in Stamford, CT, where he graduated. He then enrolled at Penn State University, where he graduated in 1977, with a bachelor’s degree in Political Science.
Mark Parker Interests
Parker ran on the Penn State track and cross country teams. He is an avid arts supporter, with an extensive ongoing collection of modern low-brow and underground contemporary art. He also has many other one-of-a-kind collectibles such as a cursed monkey. Parker also keeps a pair of bat boots Nike designed for Michael Keaton to wear in the 1989 Batman film.
Other notable items consist of rare movie ephemera including original props such as Star Wars C-3PO and models from Mars Attacks! (1996), The Day the Earth Stood Still (1951), and Back to the Future (1985). Notable artists from his collections include Adonna Khare, Todd Schorr, Andy Warhol, Mark Ryden, Eric White, Charles Krafft, Tim Biskup, Sebastian Kruger, Glennray Tutor, Michael Leavitt, Chris Mars, Robert Crumb, and Chris Mars.
Mark Parker Spouse
Parker is currently married to his loving and beautiful wife Kathy Parker. The couple is happily married with three children in their marriage together.
Mark Parker Kids
Parker and Kathy have three children together, two daughters, Jennifer Parker, and Meg Elizabeth Parker, and a son Matthew Parker.
Mark Parker Height
Parker has a muscular and physically fit body adding up to a height of 5 ft 4 in (1.65 m) and a weight of 83 kg (182 lbs).
Mark Parker Net Worth
American famous businessman Parker is the executive chairman of Nike, Inc. He has been active in the Nike company from 1979 to the present and has served in various positions. Parker has garnered an accumulative net worth of approximately $260 million as of 2023.