Nike CEO's Pay Tripled Last Year to $47.6 Million

Fortune ^ | 7/26/16 | Geoffrey Smith

[SoFloFreeper]

Nike chief executive Mark Parker bagged a raise of nearly 200% for the company's last fiscal year, taking home a total of $47.6 million...

[SoFloFreeper]

Nike has most of its factory workers in Vietnam... and pays them about $74 a month.

Talk about your CEO to worker differential! But Nike has the NERVE to lecture Americans about equality?!

[ptsal]

Is Nike based in Oregon?

I thought that state had salary caps?

[cyclotic]

So?

[Bogey78O]

http://www.thefader.com/2017/01/29/nike-mark-parker-trump-muslim-ban

He’s immune to criticism.

[drop 50 and fire for effect]

If I was a shareholder in Nike, my first question would be to compare corporate performance to this raise. If the company has not tripled revenue, or tripled its value then why is the raise so large?

Again, a question for shareholders and potential shareholders, not the government.

[Iron Munro]

Unless they are getting unfair tax breaks or other government support this is the concern of NIKE stockholders and customers.

[Rummyfan]

EQUALITY!

[SoFloFreeper]

All about context. Eventually you'll see my point, or not. 😊

[bigbob]

Good for him! Nike must be doing well. Smells like freedom.

[blackdog]

$125 sports shoes made for $6.00 in Vietnam, Malaysia, Or China. Marketing hype and some pumping of major athletes and move the product from distribution centers you control. New rich.

[ArcadeQuarters]

There’s a lot of money to be made selling overpriced garbage. Personally, I spend my money elsewhere.

[ArcadeQuarters]

There’s a lot of money to be made selling overpriced garbage. Personally, I spend my money elsewhere.

[GailA]

btt