Nike Inc. has just awarded Chief Executive Officer Mark Parker a restricted stock award valued at $30 million USD in an agreement that Parker will remain with the company for the next five years. The stock is almost 10 times his average annual share grant -- a vast leap from Parker's previous stock awards, which were valued at $3.5 million USD each for the past three years. What's more, Nike will be taking the tax bill for the award, which could be up to over $10,000 USD in tax reimbursements. I...
Nike Inc. has just awarded Chief Executive Officer Mark Parker a restricted stock award valued at $30 million USD in an agreement that Parker will remain with the company for the next five years. The stock is almost 10 times his average annual share grant -- a vast leap from Parker's previous stock awards, which were valued at $3.5 million USD each for the past three years. What's more, Nike will be taking the tax bill for the award, which could be up to over $10,000 USD in tax reimbursements. I...
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