Beginning & Education
- Born October 21, 1955 in Poughkeepsie New York.
- Ran on the Penn State track and cross country team.
- Earned bachelor's degree in Political Science at Penn State University in 1977.
- Joined Nike in 1979 as a footwear designer.
- Married to Kathy Parker and has three children.
What got him to the top
- He became the Division Vice President in charge of development in 1987 and promoted to Vice President of Global footwear in 1988.
- He was committed to ensuring Nike remain environmentally conscious.
- After ten years of work Parker, and his team launched the first "Green Shoe".
- This shoe was the foundation for sustainability in future created shoes.
- Fair treatment
- Smart employees
- Ambitious employees
- Highly creative employees
- Supprtive employees
- Passion for sport
- Athletic appeal ( biggest player in the world) est. 28 billon
- Young athletes
- Women appeal
- "I love design, so it's important for me to have a creative outlet"
- "Be a sponge curiosity is life, assumption is death"
- Mark Parker has earned a total compensation of $15,500,500 which includes a base salary of $1,610,000 anualy.
- Also received a $590,000. cash bonus.
- Mark Parkers compensation when promoted tripled to over $47.6 million and $33.5 million of this was from stocks.
- In 2015 Mark was named Fortunes Businessperson of the year.
- Nike made around 28 billion in 2016 and usually makes around $93 million a day 👀
Future of Nike
- Nike is focusing on eliminating waste through more efficient design product design and manufacturing technologies.
- Nike footwear contract manufacturers are trying to cut energy use per unit in half, meaning that soon it will take about half the energy and emissions to make a pair of shoes compared to eight years ago.
- Hoping to get smarter about the materials they choose and the way they use them. By not only reducing our environmental impact, but also seting a new bar for strong product performance and drive growth for our business.
Notable Nike Donations
- In 2008 Nike donated $100 million to the Oregon Health Science University.
- In 2012 Nike donated $125 million to the University to adavnce cardiovascular health.
- Also in 2015 donated $500 million to Stanford for cancer research.