NIKE is the 24th Dow Industrial Company I have researched so far on Top-Tier Executives Average Long-term % Pay Raises Per Year. Its Blistering 22.0% per year is the fourth highest of these 24 Dow Companies.
To fix Income Inequality driven mainly by Company and its Board of Director choices on Percentage Annual Pay Raises, the US Government should step in and pass wisely-designed Fair Pay Raise Income Inequality Narrowing Company tax incentives ..... the carrot ..... and Company wise tax disincentives ..... the stick.
And the continuing annual net tax revenues raised by the US Government here should be set up in a separate fund to be used only for wise additional income inequality narrowing initiatives. This fund should be run by an outside group made up entirely of minorities harmed the most by Income Inequality Expansion of the past decades .....all women, all blacks, all Latinos, all other non-white people, all past and present union members, all LGBTQ, all non-employee contract workers and all middle and lower income people of all ages.
Also, the US Government should require all US Corporate Boards to include at least one worker representative.
I will continue this same research for many other large US Companies to get a better handle on just why the US has such massive continuing Income Inequality Expansion ..... it appears to be predominantly about the relative annual pay raise percentages.
| FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | |||||
| May | May | May | May | May | May | May | May | May | May | |||||
| NIKE Inc | 2018 | 2017 | 2017 | 2016 | 2016 | 2015 | 2015 | 2014 | 2014 | 2013 | ||||
| Top-Tier | Total | Total | Total | Total | Total | Total | Total | Total | Total | Total | ||||
| Executive | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | ||||
| $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | |||||
| Mark Parker Chair President and CEO | 9,467 | 13,851 | 13,851 | 47,615 | 47,615 | 16,820 | 16,820 | 14,678 | 14,678 | 15,426 | ||||
| Andrew Campion EVP CFO | 9,318 | 3,946 | 3,946 | 4,846 | N/A | N/A | ||||||||
| Eric Sprunk COO | 9,562 | 4,444 | 4,444 | 6,029 | 6,029 | 4,952 | 4,952 | 4,350 | 4,350 | 9,944 | ||||
| Trevor Edwards President NIKE Brand | 9,829 | 4,986 | 4,986 | 6,637 | 6,637 | 5,232 | 5,232 | 4,565 | 4,565 | 9,943 | ||||
| Donald Blair Former EVP CFO | N/A | N/A | 4,635 | 4,147 | 4,147 | 7,758 | ||||||||
| Jeanne Jackson Pres Product&Merchandising | 5,632 | 4,703 | 4,703 | 4,213 | N/A | N/A | ||||||||
| Totals | 38,176 | 27,227 | 27,227 | 65,127 | 65,913 | 31,707 | 36,342 | 31,953 | 27,740 | 43,071 | ||||
| Annual % Change | 40.2% | -58.2% | 107.9% | 13.7% | -35.6% | |||||||||
| FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | |||||
| May | May | May | May | May | May | May | May | May | May | |||||
| NIKE Inc | 2013 | 2012 | 2012 | 2011 | 2011 | 2010 | 2010 | 2009 | 2009 | 2008 | ||||
| Top-Tier | Total | Total | Total | Total | Total | Total | Total | Total | Total | Total | ||||
| Executive | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | ||||
| $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | |||||
| Mark Parker Chair President and CEO | 15,426 | 35,213 | 35,213 | 11,031 | 11,031 | 13,119 | 13,119 | 7,113 | 7,113 | 7,621 | ||||
| Eric Sprunk EVP Merchandising & Product | 9,944 | 4,448 | 4,448 | 3,248 | 3,248 | 5,070 | N/A | N/A | ||||||
| Trevor Edwards EVP Global Mgt&Category Mgt | 9,943 | 4,443 | 4,443 | 3,242 | 3,242 | 4,817 | 4,817 | 2,183 | N/A | N/A | ||||
| Donald Blair EVP CFO | 7,758 | 4,349 | 4,349 | 3,256 | 3,256 | 4,837 | 4,837 | 2,188 | 2,188 | 2,566 | ||||
| Charles Denson President NIKE Brand | 13,782 | 10,871 | 10,871 | 7,750 | 7,750 | 9,433 | 9,433 | 5,571 | 5,571 | 6,081 | ||||
| Gary DeStefano President Global Operations | 4,706 | 3,640 | 3,640 | 5,249 | 5,249 | 2,394 | 2,394 | 3,082 | ||||||
| Totals | 56,853 | 59,324 | 64,030 | 32,167 | 32,167 | 42,525 | 37,455 | 19,449 | 17,266 | 19,350 | ||||
| Annual % Change | -4.2% | 99.1% | -24.4% | 92.6% | -10.8% | |||||||||
| 10 Year Avg Per Year % Change | 22.0% |
