Another famous brand leader is joining Disney (NYSE:DIS), this time its Nike president and CEO Mark G. Parker, who will be the new member of Disney’s board of directors.
Mark Parker has been the chief executive officer of Nike since 2006, and the company’s shares have increased in value by more than 450% under his leadership. Parker has a long history with Nike, going all the way back to 1979, when he started working as footwear designer.
Disney CEO Bob Iger said in a statement, “As CEO of Nike, Mark is widely recognized for driving the stellar growth of an industry-leading brand… His keen insight into consumers and his broad experience in international markets make him a great fit for the Disney Board.”
Parker himself said, “I’m honored to be named a director of Disney… For decades, Disney has delivered truly elevated consumer experiences globally, inspiring generations with creativity and vision. I look forward to working with this team as the company continues to set its sights on the future.”