Home The Latest Nike's Parker is 4th-highest-paid U.S. CEO

Nike's Parker is 4th-highest-paid U.S. CEO

| Print |  Email
The Latest
Tuesday, April 09, 2013

BY BRANDON SAWYER | OB RESEARCH EDITOR

1012 CEOPay MarkParker
// Illustration By PJ Mcquade

Almost 50 years old, sports-apparel Goliath Nike remains at the top of its game. Fast Company named it the most innovative company of 2013 for its recent FuelBand and FlyKnit Racer technologies. Sports Illustrated listed founder Phil Knight as the ninth most powerful person in sports. In December, the company negotiated new tax incentives after hinting it might expand outside the state; a special legislative session was promptly assembled. Nike is also preparing a $150 million expansion and 500 job hiring-spree in Oregon. 

Best of all, 2012 revenue and net income soared to record highs of $24.1 billion and $2.2 billion, respectively.

So it's quite evident that CEO Mark Parker cannot only maintain but also advance the company, something that none of Knight's previous heirs could manage. And he's been richly rewarded, coming in fourth on a New York Times list compiled by Equilar of 2012's top-paid CEOs at U.S. public companies. He was only topped by Oracle's Larry Ellison (no. 1), HCA Healthcare's Richard Bracken and Walt Disney's Bob Iger.

Our 2012 CEO Pay Report last October showed that Parker's pay accounted for more than a third of total CEO pay at Oregon's 20 largest public companies. As I explained then, Parker earned more than $35 million last fiscal year, a 91% raise from 2011. Two-thirds of Parker’s pay was stock awards, which could rise or fall in value by the time he can exercise them. He received no bonus and his salary was only $1.6 million. I noted that even during his recession, Nike's net income only declined once, in 2009.

Still, his pay was huge. So huge that I removed it from average CEO pay so it wouldn't skew the second chart below. This fall, we'll learn where his compensation stands for 2013. If Nike keeps up the momentum, Parker might get another raise.

CEOPay Graph

1012 CEOPay Graph PercentChangeInAverageCEO

1012 CEOPay Graph PercentChangeInMarkParker

Research editor Brandon Sawyer digs heaps of data about privately-held and public companies, economics and industries, and extracts relevant articles, graphs and lists, including the 100 Best Companies, Nonprofits and Green Companies to Work For in Oregon.

 

More Articles

Green eyeshades in the ivory tower

News
Friday, April 04, 2014
EducationCosts BlogBY ERIC FRUITS

The rapidly rising cost of higher education has left even the smartest researchers and the wonkiest of wonks wondering what’s happening and where’s all that money going. More and more, prospective students—and their families—are asking: Is college worth the cost?


Read more...

Downtime with Ron Green

March 2014
Tuesday, February 25, 2014
BY JESSICA RIDGWAY

Ron Green became president and CEO of Oregon Pacific Bank in August 2013.


Read more...

Banishing oil burners reaps benefits for schools

News
Tuesday, April 01, 2014
04.02.14 thumb co2schoolsBY APRIL STREETER | OB CONTRIBUTOR

Three years ago, PPS set out to begin to convert the 1930s-era boilers from diesel/bunker fuel to cleaner-burning natural gas. Oregon’s largest school district has realized impressive carbon dioxide emissions reductions, setting an example for public and private institutions.


Read more...

Small business sales go big

March 2014
Tuesday, February 25, 2014

BY BRANDON SAWYER

Sales of small businesses surged in 2013 according to the biggest Internet marketplace of such transactions, BizBuySell, increasing to 7,056 reported sales, a 24% increase over 2012, when they dropped 7%. Portland Metro sales tracked by the site grew 9% to 73, capping three years of solid growth. On top of that, Portland’s median sale price jumped 67% to $250K, versus just 13% to $180K nationally. Portland was one of just six metros tracked where the median sale price matched the median asking price, with sellers getting, on average, 92% of what they asked.

BTNMarch14 tableBTNMarch14 line


BTNMarch14 piePDXBTNMarch14 pieUSA


Read more...

How to help your staff solve their own problems

Contributed Blogs
Friday, March 21, 2014
03.21.14 thumb coxcoffeeTOM COX | OB BLOGGER

During a recent talk to HR Directors, I asked if they saw leaders trying to solve every problem, instead of delegating to and empowering staff. Every head nodded. Every single one.


Read more...

100 Best Companies to Work for in Oregon [VIDEO]

News
Monday, March 03, 2014

Screen shot 2014-03-03 at 11.26.47 AM

Check out interviews with employees from some of the 100 Best Companies to Work For in Oregon winners and find out what makes their company a great place to work.


Read more...

Why I became an educator

News
Tuesday, March 04, 2014
03.04.14 thumbnail teachBY DEBRA RINGOLD | GUEST CONTRIBUTOR

How can we strengthen the performance of institutions charged with teaching what Francis Fukuyama calls the social virtues (reciprocity, moral obligation, duty toward community, and trust) necessary for successful markets and democracy itself?


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS