Every company requires a true entrepreneur in order to make it a successful chapter in the business industry. Mark G. Parker is one such individual who fits the bill perfectly. Mark is the CEO (Chief Executive Officer) of Nike, Inc., a leading shoe brand which started in 1964 and is since ruling the market with its unique products. Here is a quick summary of Mark Parker’s net worth in 2018.
Mark Parker’s Early Life
Mark Parker was born on the 21st of October 1955 in Poughkeepsie, New York. He was born to Bruce and Meg Parker. As for his education, he studied at the Penn State University from where he graduated with a bachelor’s degree in Political Science in the year 1977. He got married to Kathy Parker with whom he has three kids namely, Jennifer, Meg Elizabeth, and Matthew Parker. Mark is also an art fanatic with special interests in contemporary, low brow and modern art. He owns a collection of several unique art pieces including those of Eric White, Sebastian Kruger, Andy Warhol, Adonna Khare and many more. His collection also includes many rare props and pieces from the sets of popular films, like ‘Batman’, ‘Back to the future’, etc. Sources state that he also spends a lot of time travelling finalizing various deals around the globe. When asked from his colleagues about him, they described him as an artistic, sophisticated, humble, passionate, charismatic personality. He is good to work with and for, and that is why everybody at Nike loves their 62 years old CEO.
Mark Parker’s Career, Awards & Achievement
Mark Parker was first appointed at Nike in 1979 as the footwear designer at the R&D facility located in Exeter, New Hampshire. He then went on to become the Vice President in charge of development in the year of 1987, Corporate Vice President in 1989, General Manager in the year of 1993 and then finally Vice President of Global Footwear in 1998. Before taking on as Vice President, he acted as the co-president of Nike, Inc. alongside Charlie Denson from the beginning of March 2001. He was announced as the CEO of Nike, Inc. in 2006 by the consent of previous CEOs and Board members.
Mark Parker isn’t hyped for no reason, for he brings revolutionary ideas to the table, which help keep Nike in coordination with the ever changing marketing industry. He always makes sure that Nike products remain Environment friendly and abide by the guidelines of sustainability. The first ‘Green Shoe’ launched by Nike was designed and executed by Mark and his team after ten years of vigorous work. Even after becoming the CEO of Nike, Mark Parker still works with the designing team especially for the Nike HTM project creating new limited edition shoe designs. He is also given the credit for most brands on Nike’s portfolio including Converse Inc. and many more.
Achievements and Awards
Mark Parker has achieved great success in the world of marketing. Some of his awards include:
• Fortune declared Mark Parker its ‘Businessperson of the year’ (2015).
• The New York Times placed him at number 14 in its ‘List of Highest Paid CEOs’.
Net Worth of Mark Parker
Due to his active involvement in stocks as well as his company’s profit, the net worth of Mark Parker is a considerable $270 million. He was promoted to the post of chairman in 2016, after which his compensation tripled.
Mark Parker has proved himself to be a trustworthy and reliable CEO and the company has seen tremendous growth in the past years, though no doubt with a few minor setbacks. His right intuitions and senses in the marketing business contrasts well with his humble and down to earth personality which sets him apart from all leading business tycoons around the world.