Mark Parker

Mark Parker

CEO of Nike, Inc.

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Industries
Founded October 21, 1955
Headquarters Poughkeepsie, NY, United States

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Description

Mark Parker is the current CEO of global sportswear giant Nike, Inc. Born in Poughkeepsie, New York, Parker attended Penn State University and graduated in 1977 with a Bachelor’s of Political Science. He joined Nike as a footwear designer two years later in 1979, becoming Division Vice President in 1989, General Manager in 1993, and Vice President of Global Footwear in 1998. Serving as co-president with Charlie Denson in 2001, Parker was appointed as the company’s chief executive in 2006. Parker’s tenure as Nike’s CEO has been marked by a hands-on approach to the design direction of the company, with Parker still participating in the shoe design and innovation process via the core “HTM” research and development team, consisting of Tinker Hatfield, Hiroshi Fujiwara, and himself. Parker is also known for bringing Nike into the realm of fashion, appealing to youth worldwide by situating Nike’s sneakers as must-have fashion items. Since his appointment as CEO, Nike has experienced increases in annual revenue of 60 percent, profit increases of 57 percent, and doubling of its market cap. Parker currently lives with his wife and three children.
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Nike Continues to Struggle in the U.S.
Fashion

Nike Continues to Struggle in the U.S.

A second straight year of North American decline.

Mark Parker Confirms Westbrook & Antetokounmpo Signature Shoes
Footwear

Mark Parker Confirms Westbrook & Antetokounmpo Signature Shoes

Big plans for 2018.

Nike Doesn't Back Down From $50 Billion USD Target During Investors Day
Fashion

Nike Doesn't Back Down From $50 Billion USD Target During Investors Day

However it did move the forecasted date.

Nike's CEO Sent a Company-Wide Email Condemning Racism After What Happened in Charlottesville
Footwear

Nike's CEO Sent a Company-Wide Email Condemning Racism After What Happened in Charlottesville

“Like many of you, I have spent this past week shocked and saddened by the violence and hatred we saw in Charlottesville.”

Nike Follows up Its Amazon Announcement With a New Instagram Initiative
Tech & Gadgets

Nike Follows up Its Amazon Announcement With a New Instagram Initiative

Set to bombard the ‘gram.

Nike Sees a Recent Sales Boost in North America
Footwear

Nike Sees a Recent Sales Boost in North America

Things are looking up for the brand.

Nike Issues Statement on Donald Trump Withdrawing From Paris Climate Accord
Fashion

Nike Issues Statement on Donald Trump Withdrawing From Paris Climate Accord

Not the first time the Swoosh has sounded off on the President.

Here's Why Nike May Not Make Its $50 Billion USD Goal by 2020
Fashion

Here's Why Nike May Not Make Its $50 Billion USD Goal by 2020

A break-down of the Swoosh’s targets.

Nike Reveals Profit Increases and Future Plans, Net Revenue More Than $8 Billion USD
Fashion

Nike Reveals Profit Increases and Future Plans, Net Revenue More Than $8 Billion USD

Expect a “relentless flow of innovation.”

Nike CEO Mark Parker Pens Companywide Email, Does Not Support Donald Trump's Recent Executive Order
Footwear

Nike CEO Mark Parker Pens Companywide Email, Does Not Support Donald Trump's Recent Executive Order

“We are at our best when we recognize the value of our diverse community.”

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