Home › Nike Gives CEO Parker $30 Million Award to Stay for Five Years
 

Keywords :   


Nike Gives CEO Parker $30 Million Award to Stay for Five Years

2015-07-21 13:43:20| Footwear - Topix.net

Nike Inc. gave Chief Executive Officer Mark Parker a stock award valued at almost 10 times his typical annual share grant, on the condition that he work for the sporting-goods company for the next five years. Nike granted Parker, 59, restricted stock with a target value of $30 million, which he'll receive if he's employed through the award's vesting period, according to the Beaverton, Oregon-based company's July 20 proxy filing .

Tags: years stay million award

Category:Consumer Goods and Services

Latest from this category

All news
23.11'Trust and reserve judgement' on rebrand, says Jaguar
23.11UK wants to hire EU negotiator to 'reset' relations
23.11Sisters build global beauty brand from a garage
23.11Versace bag for 15: Why Christmas shoppers are choosing charity shops
23.11'We are being robbed': Homeowners feel trapped by rising fees
22.11'Scammers sent courier to steal 4,000'
22.11Spain fines budget airlines including Ryanair 179m
22.11Formulating Biphasic and Triphasic Products
Consumer Goods and Services »
24.115 2 PG
24.11215103TW 17svtw
24.11 Switch light
24.11Dr.SLUMP 19
24.11layover LP
24.11PING i230 6W 5
24.11BTS CD
24.11HG 56
More »