|| Print ||
|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, February 24, 2015
BY KIM MOORE | OB RESEARCH EDITOR
A conversation with Donna Earley, director of sales and marketing for the Salem Convention Center.
Wednesday, February 25, 2015
BY LINDA BAKER | OB EDITOR
The big news at Oregon Business is we’re getting a ping pong table. After reading the descriptions of the 2015 100 Best Companies to Work For in Oregon, a disproportionate number of which feature table tennis in the office, I decided it was time to bring our own workplace into the 21st century. It was a tough call, but it’s lonely at the top, and someone has to make the hard decisions.
Friday, March 27, 2015
BY ROBERT MULLIN
A new energy-sharing agreement sparks concerns about independence and collaboration in the region's utility industry.
Tuesday, March 31, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
inDinero, a business that manages back-office accounting for startups and smaller companies, recently announced it would relocate its headquarters from San Francisco to Portland. We talked to CEO Jessica Mah about what drew her to Portland and how she plans to disrupt the traditional CPA model.
Friday, March 13, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
Ten startups have secured venture capital, angel or seed funding in 2015.
Monday, February 23, 2015
BY JESSICA RIDGWAY | OB CONTRIBUTOR
Live, Work, Play: Catching up with Chris Johnson.
Friday, February 20, 2015
BY APRIL STREETER | OB CONTRIBUTOR
Leslie Carlson channels the big idea.
|Bike Chic: 7 stylish options for cyclists|
|Beam Me Up|
|Get on the bus!|
|Emperor of the Sea|
|Epitaph for a Boondoggle|
|WikiLeaks allows visitors to search database of hacked Sony documents|
|VW recalls minivans with Chrysler-made ignitions|
|Netflix adds subscribers at record pace|
|EU charges Google with antitrust claims|
|Tech industry urges Congress for protection on patents|
|Is your job the best?|
|Value of college degree increasing|
A new report highlights how Oregon bankers are giving back to their communities.
Since 1932 Tidewater Transportation & Terminals (operating as Tidewater Barge Lines and Tidewater Terminal Company) has operated a multicommodity transportation and terminal company based in Vancouver, Washington. The friendly expression on the company’s shipping containers reflects the attitude of about 330 safety and community-conscious employees but belies how complicated the barge business really is.
The Port of The Dalles has run marine facilities since the 1930s, but they are part of a larger mission to strengthen the local economy. They focus on regional economic development with a strong bent toward adding good-paying jobs in high tech, manufacturing and other industries.
Providing attendees with unique taste of the Northwest Reception.
CFM Strategic Communications turns 25 this year and is celebrating with a revamped website, special events for firm alumni and clients, a special-label wine and a list of 25 stories about its client work over the past quarter century.
The Atkinson Graduate School of Management at Willamette University has maintained its business accreditation by AACSB International—The Association to Advance Collegiate Schools of Business.