After tough year, Nike downsizes executive salaries

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After tough year, Nike downsizes executive salaries

Messagepar wang1993 » Ven Juil 28, 2017 9:51 am

Most of Nike's cheap air jordan executive team got double-digit pay cuts in 2017, a reflection of a difficult year at the company. Mark Parker, Nike's chief air jordan 11 cheap executive officer, president and board chair, took the biggest hit. While he's not headed for the poor house anytime soon, Parker's total compensation fell from $47 million in 2016 to $13.8 million this year, a 71 percent reduction. Likewise, the sneaker cheap nike air jordan giant's other top executives endured hefty reductions. Andrew Campion, the http://www.aheartinhand.com/ chief financial officer and executive vice president, saw his compensation decline from $4.8 million to $3.9 million. Trevor Edwards, president http://www.aheartinhand.com/ of the Nike brand, went from $6.6 million to $4.9 million. Eric Sprunk, chief operating officer, took home $4.4 million, down from $6 million in 2016. Michael Spillane, president for http://www.shoesdiscount.co.uk/ categories and products, earned $3.5 million. He was promoted to that role in 2017 and his prior salary was not listed in the proxy. Though it still grew revenue air max 2016 cheap and posted profits that some corporations would die for, the Oregon sneaker giant lost momentum in 2017 to archrival Adidas. Its future orders in North America declined 10 percent. In June, it gave notice it would lay off about 1,400 workers.
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