a total compensation of $15,425,608, which included a base salary of $1,609,615, a cash bonus of $594,190, stocks granted of $3,500,087, options granted of $4,199,250, and non-equity incentive plan compensation listed at $5,522,466. After being promoted to Chairman in 2016, Mark Parker's compensation tripled to over $47.6 million - $33.5 million of which came from stock rewards. In 2015, Mark Parker was named Fortune's Businessperson of the year. It was announced in June 2015 that Mark Parker is replacing Phil Knight as company chairman of Nike in 2016. In 2016, he ranked 14th in the New York Times' list of highest paid CEOs with an annual paycheck of 47.6 million. Parker was elected onto Walt Disney's board of directors early 2016. In 2017, Parker took a 71% pay cut due to a year of poor sales at Nike and the layoff of 1,000 employees. Subsequently, his earnings were $13.9 million from stock and options. In 2019, Mark Parker was criticized by certain right wing media commentators for his embrace of Nike endorser Colin Kaepernick. Some groups claim that Nike has recently shown a far-left bias in regard to advertising and business practices. Additionally, Parker was criticized for discontinuing a special edition of their Air Max 1 Quick Strike "Betsy Ross flag"-themed sneakers. In October 2019, Mark Parker announced he will step down as Nike's CEO and become executive chairman of the company on January 13, 2020. References Living people Businesspeople from Poughkeepsie, New York Pennsylvania State University alumni Nike, Inc. people American chairpersons of corporations American chief executives of fashion industry companies American retail chief executives American chief executives of manufacturing companies Shoe designers Directors of The Walt Disney Company 1955 births