Mark Parker Net Worth

Mark Parker Net Worth is
$250 Million

Mark Parker's salary
$1.5 Million

Mark Parker Biography

It’s been claimed that the quantity of Tag Parker net value is really as high as 250 million dollars, by right now. Additionally it is known that his annual revenue are also quite high, because they reach 1.5 million dollars. He is becoming famous and gained such a fortune due to his involvement into business. Today, he’s mainly known for his work as the principle Executive Officer of Nike, Inc. Thus, this work in addition has added up too much to the entire amount of Tag Parker net worth. Tag Parker was created in Poughkeepsie, NY. In 1977 he became a graduate of Penn Condition University. When he was learning there, he was also interested into sports activities and belonged to the college’s track group. In 1979, he got employment as a footwear developer for Nike, and he recognized to just work at Exeter, New Hampshire as such. In 1987 he got promoted to end up being the Division Vice President responsible for development. 2 yrs later, Tag Parker became the organization Vice President of the business. In 1993 Tag Parker was selected to be the overall Supervisor and five years afterwards he was promoted to be the Vice President of Global Shoes. Thus, holding therefore many positions has produced his name even more known and in addition increased the full total size of Tag Parker net well worth. In 2001, Tag Parker became a co-president, a posture he distributed to Charlie Denson. In 2006, Tag Parker was appointed to become the CEO of Nike which produced him the 3rd person in the business to hold this placement. Becoming the CEO of Nike in addition has added up to the entire size of Tag Parker net worth. Furthermore to holding this placement, Mark Parker continues to be active in designing shoes. Mark Parker can be the main one who has to ensure that Nike is definitely environmentally mindful. Mark Parker, since it has been mentioned, earns also quite a bit because of this job. In 2013, he earned nearly 15 million dollars, base income of which contains 1.5 million dollars. Limited stock awards reached 3.5 million dollars, whereas option awards reached 4 million dollars. A non-collateral incentive plan payment reached a lot more than 5.5 million dollars. Tag Parker are the owners of 3 million Nike shares, which are add up to 228 million dollars. Furthermore to his work Tag Parker can be interested into contemporary and underground contemporary artwork. Mark Parker Net Well worth and salary: Tag Parker can be an American businessman who includes a net well worth of $250 million. Tag Parker was created in Poughkeepsie, NY. He is most widely known for being the principle Executive Officer of Nike, Inc. Tag graduated from Penn Condition University in 1977 and ran on the institution track team. In 1979 he became a member of Nike as a shoes developer in Exeter, New Hampshire. In 1987 Tag became Division Vice President responsible for advancement. In 1989 he became Corporate Vice President, in 1993 General Supervisor, and in 1998 Vice President of Global Shoes. Beginning in 2001 Parker was co-president with Charlie Denson. In 2006 Parker became the 3rd CEO of Nike. Tag still participates in footwear design and is focused on making sure Nike continues to be environmentally mindful. In 2013 he produced over $15 million as Nike’s CEO including a base income 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 program compensation of over $5.5 million. Tag Parker owns a complete 3 million Nike shares that have market value of $228 million dollars, around this writing. Parker is definitely a collector of modern and underground modern art. His assortment of artwork inside his workplace has been showcased. Currently old 62, Mark Parker is known as a CEO (CEO) of Nike, Inc. It really is discovered that he was entitled third CEO of the company in year 2006. Net worth of Tag Parker is actually high due to his placement as CEO of Nike and various other undertakings; get further information below: Birthplace of Parker is normally Poughkeepsie, located in New York. He’s boy of Bruce Parker and Elizabeth. Talking about his education, he received bachelor’s level in field of Political Research from Penn Condition University in year 1977. He got wedded to Kathy Parker which few is having three kids specifically, Jennifer, Megan, and Matthew. Furthermore, he competed on the Penn Condition track in addition to cross-country squads. Parker started employed in Nike in calendar year 1979 in type a footwear developer centred in the firm’s R&D service prevalent in Exeter, situated in New Hampshire. This superstar accepted placement of Division Vice President in charge of development back in calendar year 1987, as Corporate Vice President in year 1989, later as General Supervisor in year 1993, in addition to Vice President of Global Shoes in calendar year 1998. Before accepting placement of vice president of Nike, this celeb proved helpful as co-president (in colaboration with Charlie Denson) of Nike brand, starting in yr 2001. Furthermore, he still partakes in footwear design, very best remarkably on the Nike HTM called task, making limited edition shoes products with Nike developer called as Tinker Hatfield in addition to a innovative consultant called Hiroshi Fujiwara. This person offers focused on guaranteeing that the business remains environmentally sentient. After period of a decade of his contribution in it, Parker along with his group started the original “Green Shoe” which obeys to the ethics of sustainability. Besides, he’s too accountable for staying brands in portfolio of Nike, comprising Converse Inc. along with Hurley International. When continuing a CEO of Nike in yr 2012, Parker has gained an overall compensation we.e. $15,425,608. This encompassed base income i.e. $1,609,615, a cash reward of worth $594,190, options granted of well worth $4,199,250, shares granted of worth $3,500,087, along with non-equity incentive strategy based payment registered at well worth $5,522,466. After obtaining promoted to put of chairman, this past year, his payment got tripled to a lot more than $47.6 million, and $33.5 million of this comes from stock recompenses. In calendar year 2015, his fame elevated as he was entitled Fortune’s Businessperson of the entire year. For the reason that same year, it had been proclaimed that he’s substituting Phil Knight constantly in place of firm chairman of the company in year 2016. Just how much is Tag Parker Net worthy of in 2017: Tag Parker is right now known to as a devoted entrepreneur, possessing net worthy of of $270 million US dollars by 2017. Till today in his career, he’s finest recognized for getting the CEO of well-known footwear firm- Nike, Inc. It had been before three years, in calendar year 1987 that he became Division Vice President for duties of development. In calendar year 1989, his prosperity boosted as he became Corporate Vice President, after that in calendar year 1993 he accepted placement of General Supervisor, and in 1998 he accepted placement of Vice President of Global Shoes. From 2001, he proved helpful as a co-president with Charlie Denson, increasing his income. In calendar year 2006 he proved as third CEO of the company. It is discovered that in year 2013, Parker grossed a lot more than $15 million, operating as CEO of Nike, including profitable base income of over $1.5 million. Aside from this, additionally it is exposed that he possesses total 3 million Nike shares, holding prominent marketplace value of worth $228 million dollars, producing him wealthy. Mark Parker can be an avid business owner who excellently managed employed in famous footwear business- Nike in its different leading positions. He stayed as its CEO, Vice President, General Supervisor, etc. Aside from usual company jobs, he still contributes in footwear design along with he is wholly focused on confirming that Nike remains environmentally sentient.

Known for movies

Quick Facts

Full NameMark Parker
Date Of BirthOctober 21, 1955
DiedOctober 12, 2002
EducationPennsylvania State University
SpouseKathy Parker
ChildrenMatthew Parker, Jennifer Parker, Megan Parker
ParentsBruce Parker, Elizabeth Parker



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