17.08.2019-597 views -Nike
Nike Case Study
1 ) The Chief Professional Officer
The CEO of Nike is usually Mark G. Parker. Mister. Parker continues to be CEO since 2006, nearly 7 years. Nike, originally Green Ribbon Sports, was founded in 1964 by an Oregon track athlete and his coach. The company is definitely not a relatives run business. Mark Parker came from in the organization, starting as a shoes designer more than three decades ago and functioning his method up to CEO. Last year Draw received 35 dollars, 200, 500 in total total annual compensation. His total settlement came in a number of forms which includes: annual income, cash bonus deals, stock scholarships, option rants and " otherвЂќ payment. 2012 was the highest revenue Mark has made as CEO of Nike thanks to a $20, 000, 000 inventory award. Nike does not post the amount of collateral the CEO owns, however it is safe to assume it is very a lot considered as the large stock and alternatives compensation he receives every year. 2 . The Board of Directors
In Nike there is a total of 12 associates on the plank of owners not including CEO Mark Parker. The inside administrators include Philip Knight and Bob Hurley. The various other directors include: Alan Graf Jr. (CFO of FedEx), Orin Jones (former Starbucks CEO), Timothy Cook (Apple CEO), John C. Lechleiter (CEO of Eli Lily and Company), Elizabeth Comstock (CMO of GE), Phyllis Wise, Douglas Houser, Ruben Thompson Junior., John Connors and Johnathan Rodgers. 3 of the directors hold CEO positions in other companies. Addititionally there is one Key Financial Expert and 1 Chief Promoting Officer for other companies. Seeing that Nike is a largely traded and global company, most if only a few of the people on the panel of administrators hold relatively large stock holdings. several. Bondholder Problems
Nike does have publically traded debt, although the exact amount is not published. Nike has many bond covenants that have been imposed in order to safeguard bondholders against poor administration decisions. These kinds of covenants contain limits for the disposal of fixed assets, the amount of financial debt secured by liens the company may...