Markets finish week down after bouncing on Bannon's exit >>> READ MORE

The 10 Best-Paid CEOs of 2012

The perks of being a head honcho just keep on growing

      View All  

#4: Mark Parker, Nike

NikeTotal Compensation: $35.2 million
2012 Performance: +7%

Overall, Mark Parker’s pay more than tripled from 2011 to 2012. The main reason? A huge stock award that came last May. Nike (NYSE:NKE) gave its leader a whopping 190,000 shares, bringing his total stock awards for the year to more than $23 million, compared to $3.5 million the year before.

The company had a decent year in 2012, with gains of 7%. But the board cited Parker’s “exceptional leadership and critical role in driving Nike, Inc.’s growth strategy for years to come,” along with the company’s “strong, sustained financial performance” under his guidance as the reason for the huge payday.

The only caveat: Parker must stick around for five years. He can’t cash his stock in until 2017.

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC