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|Tuesday, April 09, 2013|
BY BRANDON SAWYER | OB RESEARCH EDITOR
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.
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.
Tuesday, June 03, 2014
Citing the transition to catch shares management as a key to rebuilding stocks and reducing bycatch, 13 species caught by the West Coast trawl fishery today earned designation from the Marine Stewardship Council (MSC) as sustainable.
Wednesday, July 09, 2014
BY LINDA BAKER | OB EDITOR
Scott Kveton, the CEO of Urban Airship is taking a leave of absence from the company. As the story continues to unfold, here’s our perspective on a few of the key players.
Thursday, May 29, 2014
BY LINDA BAKER
In 2013, Gallup published a poll showing that 70% of U.S. employees were “disengaged” in their jobs, costing companies $450-$550 billion a year in poor performance.
Thursday, May 29, 2014
BY MIKE GREEN
An old profession is new again.
Thursday, June 05, 2014
BY HANNAH WALLACE | OB BLOGGER
What does it take to launch and run one of these mobile food businesses?
Friday, June 27, 2014
BY JASON NORRIS | OB BLOGGER
Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.
Tuesday, May 27, 2014
Oregon is known for its green-minded citizens, and many workers are attracted to firms and organizations that practice green, not just pay lip service to it.
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Vigilant enters a New Year with a new president.
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Forest Grove sees growth in the burgeoning food and beverage scene.
Geffen Mesher is saddened to announce the passing of long-time shareholder, Tom “Mike” Anderson, who died on July 10, 2014, from liver disease diagnosed after recent heart surgery. He was 55 years old.
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