25 Burst results for "Mark Parker"
"mark parker" Discussed on 600 WREC
"And mitigation measures he also expanded on talk about expanding testing options for millions of Americans who just like make the foxes Kevin Corke American fox news it was a Microsoft today announcing that co founder Bill Gates is gonna be stepping down from the company's board of directors and to focus more really on his philanthropic pursuits we know he is passionate about areas like global health education the shares as a junior and that is going to be stepping down as you know I think it's April six that she was the beneficial owner Christopher yes the company's we have a major news now from the business world stepping down after fifteen years as CEO of Disney that is right breaking news we had for your earlier Nike CEO mark Parker stepping down from the company in January CEO Mandy Ginsberg is stepping down according this the company announcing that its co CEO Keith block is stepping down as a result life everything up it is when you are listening ground zero there's no business like snow business like no business this is the business I know what's interesting is that you know we're talking about on Saturday because it will just say no business at Chinese restaurants she gives out on fox news around the same time we're talking about a talking about how we better business.
Nike, ServiceNow and SAP CEOs play a game of musical chairs
"Soon because Tuesday morning under armor announced Kevin Plank is stepping down as CEO in January and then later in the day on Tuesday sort of late after a new Nike announced that CEO Mark Parker also stepping down in January he's going to be replaced by John Donahoe who is a Ward member at Nike he is also the CEO of Software Company called service now so he'll be he's been CEO there for nearly three years he's going to be leaving and and Bill McDermott who a couple of weeks ago stepped down or was forced out depending on which version of events you decide to believe he left sap after being CEO for nearly a decade he's now going to be the CEO service now so the musical chairs continuous. Let's let's start with Nike and shares down a little bit on the news and probably not a surprise when you consider Parker's been running this company since two thousand six and if you're a shareholder her under his tenure you have done very very well Oh yeah you're you're quite happy so parker was the second CEO at at Nike following tonight and he took over in two thousand six but there's probably been some I know there have been rumors at least that CEO succession at Nike is Being Thought About for instance three years ago after China chief Michael Sperling was promoted to President Product Marketing and that was his fifth promotion in ninety here so he's moving up the ranks pretty quickly people were wondering Oh is he being groomed as as the next successor but there was also C. C. O. exp Bronx and Brand President Trevor Edwards and the latter man gentleman especially with seen as as the primary contender but then a couple of years ago Edwards was forced out in March of two thousand eighteen amid amid allegations of inappropriate behavior and will leave it at that so Parker's a comment yes Yesterday during an interview that hey this has been months in the planning you don't do this just a couple of weeks is probably true but I'm I'm kind of wondering what the timing has to do with I mean under armor announces a plank stepping down and he says Oh maybe we want to get on that news to or is it more related to the drug doping thing that's I've been coming out and whether Parker knew about it or not and the speculation there or is it just hey today just happen to be the same day that all this other stuff was coming up yeah and and the drug doping thing that you mentioned that's a relief to Alberta Salazar coach ty did Nike over the last few weeks some stories have come out about that and then and then and the extent to which Parker knew about that so some some questions around that I find the timing fascinating because I just thought there's no way or you're going to have a very our time convincing me that this is a coincidence I mean all things being equal because Nike has been the clear leader in the category for so long and even plank has been very clear in his time at under armor you know running the company he was gunning for Nike the whole time right in most situations I would believe that under armor maybe got wind of this and they moved up their announcement and actually think in this situation I think it's the reverse I think that Nike may have just decided you know what we're gonNA announce this later this week or maybe we're we're going to tie to our earnings report you know what let's just do this right now so maybe when plank says okay I'm out in Percocet yes score column win column there we go so let's talk about Donohoe for a second I don't know a ton about him what I do We know is that his experience as an executive is very much in the tech space as I may have service now software company he was an executive at Ebay who is the CEO of EIB. Yeah the chief executive for years and made a bunch of acquisitions onto there so I think if you are a Nike shareholder again it's only down a couple of percentage points I don't think that's necessarily a knock on Donohoe I think that's more just Parker's done such a great job it's it's it's natural to see a trump a little bit but I think if you're if you're looking at the elevations donohoe it's it's with an eye towards his tech experience and Nike increasingly relying on technology to move product right and and and I think again the narrative is that that's why the White was named he has been a director for a couple of years at Nike who was the CEO of Ebay for seven eight years until Twenty fifteen is been the chairman pal he oversaw the spinoff of pay pal from Ebay but that was kind of forced upon him and Ebay by Carl ICAHN activision activision active what what's the word activism activism thank you but he's expected to come into Nike and use his tech savvy to probably continue the digital transformation that has really been driving some good results for Nike They've got their Nike plus membership they're getting being able to get more personalized in their advertising for that and they're seeing some big up responses to that and along with that awesome product tracking and inventory management a lot a lot of good things are happening with Nike from a Tech Perspective and I think Donna who's GonNa continue that maybe a better indicator Keke shareholders is what's happening with shares of service now because that's down about ten percent since it was announced go the donnas leaving let's move on to another great quarter for AAA same store sales such a crucial metric for any restaurant out there up eleven percent rent nearly two percentage points higher than expected the stock is down close to five percent today is that just because of the run that it has had to this point because it's been on an amazing tear it could be that well let me hit some of the points and then connect to that there were other numbers so cops I think that was the big I number and really kind of surprised eleven percent is huge when your restaurant seven and a half percent of that was on transactions that's more people buy more stuff three and a half percent was on average check with about two and a half of that coming from price increases last year but the fact that they're getting more digital orders and digital orders tend to be larger sized checks for that and that's the the present com is higher than what they've had all year q one ten percent Kutu now eleven present Q. Three though this little certainly make next to your harder harder to beat but that aside the digital thing is really going up they sought eighty eight percent increase in sales of digital orders and now there's like eighteen percent of total sales so that's pretty good and the rewards club is is really beginning to play into that and so they also said they're going to Open some more of there drive through and literally that's drive through you don't stop to order you just try to go and pick up pick up the stuff and that's tied into their didn't digital sales as well but why are the shares down five percent maybe it's well the the the the company's shares have had a fantastic runner up twenty percent since the any of June maybe investors saying hey that was a great quarter thank you very much and could take some money off the table maybe it's a bunch of the analyst not raising their their expectations AH bunch of analysts came out with higher price targets but nobody actually moved there from hold to outperform or market perform. to overweight or whatever the languages but you look at the job that Brian Nickel has done as CEO and Yeah quarter after quarter Cipolla has delivered under his leadership and it may be that the stock has entered that territory that we see from time to time when businesses have a great the three year run and it's essentially this was a phenomenal quarter but it wasn't perfect because now because we're greedy we wanna see you beating on everything and Radi race and guidance headed almost did meet on everything but actually I think I know why the shares were down it was announced that they're limited time Carne Asada meat product it is going to run off November so everyone's disappointed angry and where do you think and again let me just catch Thanks I don't think there's any pressure whatsoever on Brian Nichols given the job that he's done but I'm curious where you think the growth for AAA comes over the next three years because there was a point in this business history when they were doing so well with the namesake concept that people were looking to the shop house Asian cuisine concept as that's where future growth is gonNA come from we're not going to get as many locations as we have AAA but we're going to get you know a few hundred those have essentially been closed down so do they begin to resurrect some of those ideas or do you think it's just more digital more locations and finding ways to bump up the average ticket price I don't think they're going to go into other concepts quite yet of given their experience they're probably a little gun shy right there that might come down that might come to pass down the road I think they're going to push more into digital and get more people ordering in so they can just walk in and walk out and pick up their stuff that as well as the drive through what they call chip Elaine get terrible name right actually it's kind of funny but I mean reaction it's it's it's it's no worse than the estimate forces on us getting the name aside I think that's going to be a really good driver for the company and that means they can open a second product line of just fulfilling orders through that go through more digital sales and as well as having more customers come through the doors so I think that's where the growth is going to be trial various things Carne Asada apparently did very well well are they going to bring in some breakfast at some point probably so I think they're going to continue expanding what they're working on focusing on their cordial police thing and then maybe a few years down the road might start thinking about other concept's
Additional Charges in College-Admissions Cheating Scandal
"Errands in college admissions cheating scandal are now facing additional charges it off workplace series continues with a look at who speaks in meetings women who are not remembered for what they say are often the ones who have trouble getting promoted boss I of the thought trees this is what's news from the Wall Street Journal I'm Kim Get I'll send let's get started now are we take a closer look at the new charges facing some of the parents and the college admissions cheating scheme and why they were introduced. Here's what you missed diplomat Bill Taylor the acting. US Ambassador to Ukraine said in closed door testimony on Capitol Hill yesterday that President Trump made nearly four hundred million dollars in aid contingent on the Ukraine in President Investigating Democratic presidential candidate Joe Biden White House Press Secretary Stephanie Gresham said in a statement quote president trump has done nothing wrong there was no quid pro quo and we mentioned yesterday in our afternoon edition that Boris Johnson's Brexit plan passed a key hurdle the bill was approved by British lawmakers but that victory for Mister Johnson well it was short lived just minutes later lawmakers rejected his timetable for debating and formerly approving the bill that means that his goal of leaving the European Union by October thirty first is looking unlikely from London Jason Douglas has more on what happens next the first thing that we're waiting for is what the European Union says about an extension so Boris Johnson issue member had to request one another Europeans are going to decide exactly how long extension is on whatever they come back with kind of color what actually happens next so it expect them to simply do the UK requested which is graphic extension January thirty first probably with some wriggle-room that if you pass the deal sooner you can leave sooner and then bars Johnson says a choice either he goes for an election and I and I would winning a majority so that so that he can then pass the deal or tries to pass the deal I go into an election having said I did brexit Autumn will of course keep you updated on all the brexit twists and turns and two departures for you the first is Nike's long-term Chief Executive Mark Parker sure he'll step down in two thousand twenty after nearly fourteen years in the top job he'll be replaced by John Donahue who is a former Ebay chief executive we report that Mr Parker's departure marks a strategic shift for Nike it seemed strong sales but also been beset by a string of PR crises and Boeing's Commercial clean chief Kevin mcallister is also leaving it's the first high-level ouster from Boeing since the 737 Max crisis began Boeing reports its third quarter thanks today and analysts are expecting that will take more charges as a result of the crisis now our main story this morning it has to do with a new development and the college admissions cheating scandal a little over half thirty-five parents facing charges have played guilty but a new twist came late yesterday when prosecutors introduced new charges against eleven holdouts Charlie Turner has been finding out more from Melissa corn at the hearing and Boston Melissa Eleven parents who were allegedly involved in the nationwide college admission cheating scandal are facing additional charges what do prosecutors accused them of now so prosecutors have now added a charge for most of them regarding what's called Federal Graham Bribery essentially bribing an organization or a state or something like that that accepts at least ten thousand dollars in federal funds oh it's almost A quasi arm of the federal government so they can charge them at the federal level and this is as we say in addition to the original charges which I believe include honest services on services fraud conspiracy and money laundering conspiracy so they most of them now have three charges against them know who are some of the defendants some of them obvious Really high-profile right so more than half of the parents have now pleaded guilty but there are still sixteen out there that have pleaded not guilty and they include actress Laurie Lachlan fashion designer Massimo g a newly former T G growth head bill mcglashan and so definitely still some big bold faced names here from your Article Melissa I'm kind of wondering this have prosecutors sort of struggled at times to make a case with as you write that you know they struggled Oh identified damages and victims in the case I guess with regard to William Rick Singer talk about that right so the prosecutor say there's definitely a crime here it's just kind of hard to explain why so the idea that this is based on an honest services fraud that there's you know the the these people are depriving the companies the employers of their honest of on a services of their employees of the coaches and things like that by having these bribe arrangements tough sell it's a complicated charge and the Probation Office when compiling pre sentencing reports for some of the people who pleaded guilty didn't declared that there wasn't a clear financial loss for the victims and the prosecutors say the victims are the colleges and the testing agencies so one of the reasons that they might have added this chart which is it offers kind of an alternative way of looking at the alleged crimes in a way that the public potential jurors potential judges this can better understand and wrap their heads around. I get the impression that cheating or lying on a college application is not a crime in itself no but there are elements of it that can be crimes if you're taking financial aid if you're getting benefits of some sort from the school of any value then it's fraud going forward what kind of hurdles do the defendant face in this case it's a tough battle for some of the defendants some of the defendants attorneys are saying these were just donations made to the university he's through an intermediary these were not bribes and that's the Line of defense that they're taking there are a few different defense theories that are now moving forward that's probably the most common and yes schools do accept donations and in some cases give preferential treatment to the families of those who donated but it doesn't quite explain the alley prosecutors allegations regarding these fake athletic profiles and essays that had false references to these ethnic feats so that's a bit of a tough nut to swallow against these defendants against these defendants yes there are again a number of different defense approach says here but for these defendants it's it's certainly not an easy when there's a reason why a lot of parents did plead already lawyers for many of the
Tech exec John Donahoe to replace Mark Parker as Nike CEO
"After putting each commerce and apps at the centerpiece of its operations Nike is taking the next logical step in hiring a tech CEO and a big sign the company wants to be viewed as a tech business Nike town former eBay head John Donahoe to replace CEO mark Parker next year genus ready Bloomberg
Nike CEO Mark Parker to step down in 2020
"Nike CEO mark Parker will step down in January and hand the reins over to John Donna who who used to run debate Parker took pains to say that he's not sick or anything that he's not going
"mark parker" Discussed on WTVN
"Is fifty nine in Lancaster fifty nine degrees at your severe weather station news radio six ten WTVN the president's ambassador to Ukraine today told Congress he believes the president did withhold aid to that country until it agreed to investigate Joe Biden and the Democrats democratic congressman Adam Levin saying he's stunned at what he heard during ambassador bill Taylor's testimony this is the my most disturbing encounters Levin and other Democrats reporting U. S. Ukrainian ambassador Taylor's opening statement where he says he was concerned about withholding vital security assistance in order to help president trump investigate a political rival saying quote that would be crazy president trump insists the call surrounding that request was perfect Andy field ABC news Washington the United auto workers continue to vote on their tentative deal made with General Motors members from local U. A. W. chapters are casting their votes an unofficial tally isn't expected until late Friday we are hearing from some of the locals though members of local eighteen fifty three in Spring Hill Tennessee of voted down the contract fifty one to forty nine according to the locals website but other locals appear to be in support of the deal members of local fourteen at GM's Toledo transmission plant approving the contract with eighty percent support the nearly fifty thousand workers remain on the picket lines until the deal is ratified right pearl ABC news hours after the CEO of under armor stepped aside today there is a leadership change at the world's largest athletic clothing company John Donahoe the CEO of service now and a former eBay CEO is stepping into some big shoes he's taking over as the CEO of Nike next year the auto served on the Nike board since twenty fourteen hell replaced mark Parker who is served as Nike CEO since two thousand six Brian Clark ABC news a federal grand jury in Massachusetts added some new charges to the parents caught up in the college admissions cheating scandal eleven parents now face and it it'll charge of conspiracy to commit federal program bribery which means they pay it off university officials to get their kids into college the group includes actress Lori Laughlin and her husband designer Mossimo Genouilly who prosecutors say tried to buy their daughter's way into the university of southern California they've pleaded not guilty to mail and wire fraud the new charge carries a maximum five years in prison with three years supervised probation and a quarter million dollar fine good all Scott fox news hello this is not the best a city for Halloween but it did make it into the top fifty according to wallet hubs new survey Columbus ranked forty third on their list today survey things like trick or treat friendliness typical weather conditions on October thirty first the number of haunted houses pumpkin patches and even candy stores per capita radio six ten WTVN sport number three Ohio state welcomes Wisconsin to town this Saturday for noon kick at the issue the badgers boasts the nation's top ranked defense Illinois handed Wisconsin an upset loss last weekend I sees Ryan days as the badgers will look to do the same to his back guys we got great players on both sides of the ball and a full players and will last week here is what it is but this is a this cultural Paul and so you have to bring in every week and that's the same thing with us and we have to bring it this week is going to be our best game of the year Ohio state is on a by next weekend in NFL news the Broncos have traded wide receiver Emmanuel Sanders to the forty Niners for a pair of late round draft picks in twenty twenty the trade deadline is next Tuesday at four PM in basketball it's the opening night for the NBA's regular season the Toronto raptors host the New Orleans pelicans at eight thirty later tonight at the staples center the clippers play the Lakers in the battle for Los Angeles in baseball it's game one of the World Series tonight between Houston Astros and Washington nationals first pitch from Houston is just after eight PM from the central Ohio Honda dealer sports desk Eric Reaser newsradio six ten WTVN I'm Alison Wyant stay connected to Columbus and central Ohio on the.
Nike CEO Mark Parker to step down in 2020; John Donahoe to replace him
"Hours after the CEO of under armor stepped aside today there is a leadership change at the world's largest athletic clothing company John Donahoe the CEO of service now and a former eBay CEO is stepping into some big shoes he's taking over as the CEO of Nike next year the auto served on the Nike board since twenty fourteen hell replaced mark Parker who is served as Nike CEO since two thousand six Brian Clark
Nike’s stock jumps as earnings beat on Jordan, women and China strength prompts bullish analyst calls
"We haven't earnings alert on Nike soaring. The after Sarah is at the NYSE with more, Sarah. Hey, Melissa Nike giving it pretty bullish forecast on what was a very strong quarter expecting the growth to continue the CFO just citing high single digit to low double digit growth for earnings into twenty nineteen continued margin expansion, obviously, the strong dollar does chip away at some of that says that they even have visibility though into twenty twenty and what they see our s- is strong demand. They call this sustainability in our growth going forward. And they said it looks stronger than they previously expected for the year. Why? Well, the Nike executives, including CEO, Mark Parker, talking a lot about the growth initiatives on the call women's digital apparel. And a turnaround in the Jordan brand, listen. When the Jordan brand we're seeing positive results from the strategic shifts that were making in Q to Jordan grew double digits, and we've return to healthy sustainable growth in North America. At the same time. We've continued our pace of double digit growth international. We're making great progress in diversifying Jordan. Melissa an added bonus international strong CFO just said, he sees no impact on the business of a result. As a result of the US China trade friction and tensions in that relationship after twenty seven percent growth quarter in greater
Pakistan, Nike and NBC discussed on Ethan Bearman
"After this the verdict in this trial. Dash Cam video shows McDonnell walking away from the officer as he was shot. A man is under arrest in Dallas after police say he intentionally drove his truck several times into the local
"mark parker" Discussed on 850 WFTL
"See a couple south Florida morning show. Hey, let me do a little check here going to the stock. Drop on Nike and unless my sources are wrong. It was down three point one six percent at the close of business yesterday. No, I'm not going to do the NYSE on that. I'm going to my source of a lot of information actor James woods, he posted that if he close is he's a lot more reliable in a lot of other things on Twitter. So I go to Jimmy woods on that based on our reporting based on our own reporting. Now, the NFL for its parts made a statement yesterday, it issued a statement said well, former quarterback Colin Kaepernick, he's read the issues raised by protesting the national anthem they deserve attention and action. So they had to make a general official statement like that. But in the meantime, overnight, this is organized, the national association of police organizations is basically the biggest police union calling for a boycott officially of Nike. You had a feeling that this one was coming. When the news broke yesterday in a letter to Nike, CEO, Mark Parker. The group representing nearly a. Quarter million officers forget about the fact that they're police officers shore a second just a quarter million people of any group whatsoever or just disorganized. Yeah. Explain it was upset with the choice of Colin Kaepernick as the new face of Nike's. Just do it ad campaign. Just give you a little background here. Former Niners quarterback started to generate controversy. It was two years ago. Now when he began to kneel, and by the way, never clearly explained why. But now it's being spun around to say because of police brutality and treatment of minorities letter calls Nike's decision to slap in the face to those who risked their lives to protect the country and a perpetration of the myth that police are racist. I congratulate this union, I think they stated their case very very clearly and very very well. Good for them. I support them. Yeah. The two big things that always struck him down with the pig socks. And the fact that he wasn't going to vote. Yeah. That's why I don't understand what he's being held up on a pedestal. It's amazing to how the pig socks. Picture has resurfaced in the video from that in the still shot of it. Because while he was wearing Nikes. It's kind of like, you know, the memes and the jokes are all out there. It's like. Will these socks go? Well with the new Nikes that'll be coming out in the fall. And by the way, we're only a couple of days away where week one all the timing. It's not so suspicious is Preeti understandable. Exactly why we're doing this this way. Now, here's what I said has predicted yesterday. I saw all the talking heads not for the political side for the marketing side five of them. I believe on all major networks how what a genius genius move. This is on the part of Nike. They play playing the long game. See this is the new term is new marketing Kim the long game. See what you're doing in the long game is you're appealing to those who are under thirty five were a much much more, socially aware and much more aware of social issues and much more. Progressive means they're idiots what a way to generalize. And to assume that everybody is just in one huge category. I think this guy's still hold to this. I think this is going to be one of the biggest marketing failed since new coke. I truly truly believe this coq it'll be it'll be worse than that rookie. I swear to God they will be you wanna talk about long game the long game. Is where it will hurt them forever for. I mean, this'll go deep a few years away from even this moment the net every time you hear Nike. You'll think controversy all of this is keeps Nike on the cutting edge keeps that edge there. Does it keep an age look at all this is the other one they got over one hundred million dollars or whatever the number was in an instant free media impressions yesterday and full disclosure from us as well and tweeting about it and talking about it. And all this other stuff I will guarantee at eighty percent of that was negative. I guarantee it. It's like I hob, but the other way around like where it's up genius was genius. That was a fun little prank after the fact everyone was like really, that's really all. It was right. Burger thing. Right. That's all this is much much much worse because I was it was a fun little prank. He kind of this is you really putting on a hot button to things Ricky. I think where you really really really tick people off here because of the timing right before week one where we thought. We could get away from some of the controversy already. And they're still holding onto for all the marketing executives that are supposed to be genius. They're holding onto a very old marketing concept, all publicity is good publicity wrong is not the case in this day and age where we decide instantly. How we feel about something people hold onto that opinion, right or wrong forever. Now is this how social media marketing works now, which is how they're launching this campaign because they're not gonna show him on the field. He doesn't have a job right now. This is all going to be more of a black and white impressions in the more statements and. It'll be the big big turnaround which ticks everybody off when week one through week five just about every other commercial break. Your see Colin Kaepernick. Yes, you're trying to watch your favorite team. Exactly where everything is like when do the commercials cars exactly what it's going to be done on the field. Yeah. Now, but be in your TV set, you won't be able to escape still he will return to Sunday. I told you. That back..
"mark parker" Discussed on Motorsport Radio
"Hopefully no, I am back here form. Hibernation. Wasp is replaced me out front McWilliams water surprise as second place. Jack Coulter's running very, very well agent in third place. Mark Parker. Fourth make into fifth now and certainly sites on the two thirty. Mark Parker, John husker a six Sarma nimitson seven. Jason Greenstreet is in eight face an offering Russ Malkin at the back of the pack, a north. Hopefully he is going to be all right, didn't get to the end. He had a few mechanical families earlier on today, but make Williams nothing to stop him boring. The front at the moment. Fifty eight point seven second as than Mathu machine pool. That agent raw for park. I make Lee started to close in again, repeating anisinov. What was a couple of laps ago? The number forty, four machine and fans once for looks towards the end side line, three concord, make the move gets good. Run out, gets a front tastic cone sacked. In fact, the front left connects with the right of psycho. So the number forty, four, bullies three didn't. I must stress didn't push the SICOM. Why? Just a bit at contact just maybe too much better launch dining dissipating, but on one lap a copious case of two positions up inside eight, eight browsing over the car, but the number forty just up out. Going ahead off the number seventy six. Although now with Haning as Mark Parker attacking once again can't quite make through. So very Germany filled lap for the number forty. Four make lay probably isn't used harm interests. Search aggressively the moment, but the final not Flagstar seems to be baddy don't to seventy six versus forty four for third place, entertainment. See, once again, can the position be held very wide and the van? They psycho spinning wheels off turn to for the bright yellow machine. Number forty, four aging stops on the apex, but just can't quite get going game. Whereas the number forty four score, excellent traction looking tools insight into tournament six conquest, get it done the traction Gemini on the number forty four seems.
Nike to raise wages for thousands after outcry
"Monday morning that Nike employees can be happy about last week. The company announced it's raising the wages of ten percent of its workforce about seven thousand people to address concerns over pay equity. That's a big victory for Nike's female in minority employee's earlier this year, they revolted against what they called a culture of harassment and discrimination at thirty six billion dollar clothing and footwear brand. According to an investigation by the New York Times. In most cases, their complaints were ignored. Some employees, he's felt they were victims of retribution, acclaim, Nike. Disputes earlier this year, several high profile, female executives left Nike. Following those exits. Several women circulated an internal survey about Nike's culture, the results, detailed, numerous incidents of sexual harassment, bullying and discrimination. That survey made its way to CEO Mark Parker, ultimately eleven executives left the company as a result in addition to raising wages, Nike leadership is also changing the way at hands out bonuses until now, the company considered individual as well as team performance. When it incentivized workers. Now, bonuses will largely be linked to company-wide performance experts. Say such wage in bonus. Overhauls are unusual. Nike has another battle on its hands to the battle for continued growth, especially in the women's market. Not surprisingly female employees say Nike's poor performance in women's footwear. Clothing is a direct result of the lack of women leading the women's division still for Nike's employees. The changes represent a big win the victory of metoo over just do it. The question is, will other fortune five hundred companies following nights, footsteps.
"mark parker" Discussed on CNBC's Fast Money
"Welcome back to check out of nike it's surging in the after our session up by more than eight and a half percent let's get to sarah is and who's been monitoring the company's conference call from the floor of the new york stock exchange hey sara what's the latest high melissa certainly investors like what they see from nike notably return to growth in north america three percent that was key it is the biggest market thirty five percent revenue growth for china one week spot in this report was actually the jordan brand which saw the business and volumes shrink during the porter mark parker addressed that on the earnings call just moments ago says he's mystic listen this quarter we nearly tripled the size of jordan's women's sneaker business jordan apparel was up double digits in all geos and the jordan brand in china was up nearly fifty percent these are the areas where we see exponential growth and we'll continue to focus pick that one because it was one source of weakness that investors are little bit worried about but overall the basketball business did grow double digits the tax rate was a lot lower from nike only paid six point four percent taxes versus thirteen point seven percent thanks in part to the tax cuts and guess what that resulted in a fifteen billion dollar buyback program just a sweetener on top of what was already very good results both in the growth market of china and in the slow growth market of north america mark parker just finishing the opening remarks and melissa interestingly did not address the corporate culture scandal that led to the departure of eleven executives he mentioned it at the top of the call in march when it was sort of unfolding trevor edwards the number two used to take a lot of the questions and lead a lot of the conference calls he's not going to be there anymore is leaving an august so is no longer on the call but no mention of that clearly nike shareholders didn't seem to mind the stock is one of the best performers in the dow this here right that i back certainly helps cans got a question yeah is there have they talked about any fears about china any kind of trade blowback low back yes anything thing or not in the not in the opening remarks but clearly this is a question that analyst will probably ask and investors have on their minds so far there have been no tariffs on footwear and apparel back and forth between the us and china but obviously if it if this escalates as we have seen then that could be caught in the crosshairs and for nike it's really a one two punch because with thirty five percent revenue growth the customer focus is key in china but also as you know the manufacturing is key as well most of the footwear and apparel in this country from nike and other makers comes from china vietnam a lot of places in asia as well so that's going to be a key concern but so far has an impacted the results and the company's not talking about it all right sarah let you jump on that conference call again thanks for the latest there is in the new york stock exchange your shareholder are you worried about that i mean i'll tell you what first of.
"mark parker" Discussed on KOMO
"Of sexual harassment and gender discrimination after a group of women employed at the company conducted a covert survey of their peers then took the results straight to the top of the company as abc's rebecca jarvis reports this led to some major changes the largest sports footwear and apparel brand in the world he sells about thirty six billion dollars worth of goods annually and the company does it with the help of some of the most famous really allow but nike is battling allegations of sexual harassment and gender discrimination after a group of women employed at the company conducted a covert survey of their peers there were years and years of nike where people felt like there was a toxic culture for women rachel abrams our colleagues at the new york times published the report on saturday claiming that a group of high ranking women at nike circulated the informal survey after several women in leadership roles left the company the survey results revealing a toxic culture at nike woman complained about the manager of that pushed his way into a bathroom and tried to kiss her another complaint that we were viewed talked about a manager who bragged about the condoms that he carried in his backpack and copies of magazines with scantily clad women on the covers the survey landing on ceo mark parker's desk in march he announced that his heir apparent and the company's president trevor edwards would be leaving amid sexual harass asman allegations edwards is among at least six male executives leaving nike in a statement to abc news ceo mark parker says nike is already taking action and will continue to drive change to elevate a culture of inclusion and respect when companies across the country in the world see that this occurred it nike and see that nike is taking positive action my hope is it will be positive effect on.
"mark parker" Discussed on KOMO
"Nike is facing allegations of sexual harassment and gender discrimination after a group of women employed at the company conducted a covert survey of their peers then took the results straight to the top of the company as abc's rebecca jarvis reports this led to some major changes the largest sports footwear and apparel brand in the world can sells about three six billion dollars worth of goods annually and the company does it with the help of some of the most famous but nike is battling allegations of sexual harassment and gender discrimination after a group of women employed at the company conducted a covert survey of their peers there were years and years of nike where people felt like there was a toxic culture for women rachel abrams our colleagues at the new york times published the report on saturday claiming that a group of high ranking women at nike circulated the informal survey after several women in leadership roles left the company the survey results revealing a toxic culture at nike woman complained about the manager that pushed his way into a bathroom and tried to kiss her another complaint that we reviewed talked about a manager who bragged about the condoms that he carried in his backpack and copies of magazines with scantily clad women on the covers the survey landing on ceo mark parker's desk in march he announced that his heir apparent and the company's president trevor edwards would would be leaving amid sexual harassment allegations edwards is among at least six male executives leaving nike is statement abc news ceo mark parker says nike is already taking action and will continue to drive change to elevate a culture of inclusion and respect when companies across the country in the world see that this occurred it nike and see that nike is taking positive action my hope is it will be positive effect on.
"mark parker" Discussed on Bloomberg Radio New York
"Best go this is bloomberg with a bloomberg business of sports report i'm michael barr several women who work at nike headquarters in oregon have started a small revolt according to a report in the new york times women were made to feel marginalized in meetings and were passed over for promotions at the sports footwear and apparel company the report goes on to say that they questioned their female peers on whether they had been the victims of sexual harassment and gender discrimination after the march fifth questionnaires passed onto nike's chief executive mark parker at least six top male executives left or said they were leaving the company lanky also says it has begun a comprehensive review of its human resources operations it looks like an nfl fans can't get enough of the game with this year's draft in the rear view mirror espn says it averaged over five million viewers during round one thursday just at espn alone they averaged nearly three million viewers for the entire weekend for the draft and that is a bloomberg business of sports report i'm michael barr the following is a long time no see it's me the rock t shirt in the back of your closet dude remember you crowd surfed in me man but you haven't worn me like forever i get it you're retired but i still got some left in me so take me to goodwill where i can really make a difference your donations to goodwill create jobs training programs and education assistance for people in your community to find your nearest donation center go to goodwill dot org donate stuff create jobs a message from goodwill.
"mark parker" Discussed on Bloomberg Radio New York
"Yeah so this is very interesting and sort of a i read about this today that maybe a potential threat to the company that investors are investing at this point but that number two executive at the company trevor edwards was president nike brand he resigned last week suddenly you know so without notice he's gonna retire for the company in august and then his number two one of his number two executives under trevor there's no longer at the company at the reporting we know that basically both these executives were pushed out as part of a snaky doing an internal review of improper behavior and conduct towards you know employee's you know we think there's more to come on this but right now the company is sort of responding to this and today will be you know they have their conference call at five o'clock eastern time when mark parker well dressed public basically for the first time and we know that he's probably gonna talk more about this maybe some things that are going to do to try to address the problem last point you just give you about ten seconds is the biggest issue whether they can reverse the downtrend in north america that is yes verse north america and compete better with adidas who has been taking market share wanna thank you very much for joining us on you gotta get on that conference call to find out more about nike company reporting results that exceeded analysts estimates posting revenue of nine billion dollars for quarter of the shares of nike are.
"mark parker" Discussed on WCHS
"Wouldn't come out if they did to come out well on my thoughts are they were leaking it out so that the schools that they named in the first go round here's your warning mmm how we how we react to you is going to depend on what you do in the next couple of weeks yeah um i think if you if you so positive actually we may not go for the kill but act is it it it is kind of interesting in the way the stores than reported as to what has what is leaked and what hasn't right and i gotta be i and unfortunately it's it's it's just we all i mean we all know greg you i mean i go back to the '60s and i know some of the things have win we're going on and it football programs back when i was in college and uh as many commentators this separate new highs or the other the other day said you know this everybody knows this has been going on it's just nobody's doing anything about it correct ultimately how do you sure this because while you know what i mean you know it it illegal to murder people in some places you get the death penalty but people still don't people still rob banks while graveyard i've heard i tried driver i'm more entire might by hitting and traffic is our own here's examined the commentated air from mark parker on out trade they say the only thing the rarity solvit is your do what for basketball and football athletes what uh baseball and hockey ththat may that him have ages get all by ford where you can control it so would make some sense and then uh the it's all above the table yeah i mean i am next adults vse aa would ever do that but like said the what do i forget which where it was what uh i forget which pundits said it'd be said the other thing is this could accelerate the big five just leaving the ncaa absolutely and and setting up their own rules and the to stop this bleak 'cause i mean my kids are in the triangle when i know with nc state do couldn't carolina all being sick suggest as well as for chechnya there they're gonna try and preserve their integrity the yasser as you.
"mark parker" Discussed on WGTK
"To check in for indy cj fleming propeller been ready to come back in but first alex cook at the free throw line and the first is good he has five points fleming will replace who fleming came in for part of mark parker 280 okay i looked around there and i didn't see parker's second turnover going to get him a little little rest he had a layup yet i need it i will go to ask you whether he had a layup and did know it and then he lost control of it i don't think he really proud that he was trying to pass it to the corner he lost control of it never got to the corner fellowminister looks at a role as cook hit the second free throw we are tied at twenty two lawton angling right across the time stripe on the right sidelined to davidson at the top like temps the now it off to lawton pass into the right corner to david said for a three in and out rebound tipped around and i think we've got another foul against the it's on timpson that'll be his first add the fourth all the team all of a sudden end is is picked up three pows pretty quickly and now they of four for the half elements only committed war eberhard in bounds to kohl's is banned demand yours element working at on the perimeter flooding on the go to eberhard against temps than ever hard left side of the circle side plumbing bounce pass now the cook right of the lane against death region cook to the right side of the late growth bad pass through it behind kohls and bella returns at over as it roles into the backcourt turnover number four for bellamy indy's turned it over four times as well twenty two all eight fifty seven to play at ring to it while inbound right in front of us here bring it search five turnovers development at rented froze at it back court to lawton the ankle's right trickling into the offense been guarded by kohl's announced past the kempson guarded by cook on the right block jesse turns looks these double team and kellerman waving arms and legs paul i hit one of the legs of foot steel there twenty seconds on the shot clock well it's cook has three of belem in 5 turnovers but he's got to.
"mark parker" Discussed on TalkRadio 630 KHOW
"Would you like bay leaves effect hey listen just to interject greg locker trucks out front two it the rocker truck is out front and go to the modern eater facebook page in the modern eater instagram and you could see video and pictures of all the fun stuff that it is going to be happening tonight but a greg if his old fashioned isn't the best ole fashioned in the world will be marked than than the we have rights to talk trash because he sent me to the store for special ingredients for this i made well eventful syrup all organic and i like these brown sugar and mild fashion so it is it will be the best it won't be yours uc warren cores light all night long taken a sugar packed in mixing it up with some water and with them or some orange juice concentrate glad mark owner the goods where the goods how long have you been on for peace we we've been here for about sixty months now hasn't been easy no it has not but it has been an incredible journey so we fell in love i fell in love with you marches you come to the goods and you see mark we say it every single week when we talk about you you're you're here morning to close your your guide the there's no job too big too small you're you're with the people your greeting people your host your euro a reservation taker europe bartender euroline cook get it is that what it takes to be a small businessman as a restaurant owner these days i think in this business you have to wear all clubs you definitely have to uh tests really step in with your crew and be there for them and i think beyond that just have a really good eye on your business and really understand what's happening within your business i can't see how it kissed you you couldn't be a distant owner that says mark parker here i have a question for you as a local business owner in the community and you're here every single day you put your blood sweat and tears ended isn't greg and i see it you know it.
"mark parker" Discussed on CNBC's Fast Money
"Welcome back fast money we've got an earnings alert on nike let's get to eric champion the newsroom for the details hair how you doing militias so the company just went through there prepared statements q a just began just took about a minute ago so north america asia they will worse than estimates that's kind of the big takeaway there and what the company wanted to talk about is how the relying more on their to directtoconsumer business not retailers in general here's what ceo mark parker had to say about that a few minutes ago while the marketplace continues to shift we're very confident in the back of our business that we control so our consumer thrower consumer direct fence we're identifying consumer opportunities have the most upside and we're over indexing in those areas to fuel row notice that we talked about the fact that they can to chile because a lot of the sectors they can't control has not been working well for them so with the focused on his connected wearables things like the nike apps that's gonna give more information about their customers so they can figure out how to sell more goods to them individually what each person wants the company also talked about extending their pilot that sells directly nike goods directly from nike on amazon they also mentioned they're going to launch a pilot with stitch fix in womenswear going forward next year another thing to look out for if you're trying to buy some jordan shoes they're going to work harder to keep them coveted and special they could be harder to find more expensive that's going to help drive some demand which has been hurting them in the north american marketplace back to the lowest are eric thank you for that eric chamion the newsroom nike share's down about a percent right now on since the investor meat.
"mark parker" Discussed on Outside the Lines
"Yeah mark parker of the ceo and president told cnbc a couple weeks ago you know we think we have it and then three more draymond green kevin love ben simmons and these are the biggest as stars lubrani on opening night so they've been on for it's been unfortunate for nike in that sense is very fortunate in net are all nike spokespeople so they don't bash nike publicly but yeah this is an embarrassment for sure they've got problems with what tearing and also sweat absorption i mean the problems just melt well the idea was for it to wik sweat faster than the is jersey's i don't know of that happening or not but we do know that the ripping is happening and they did say last night to me that they are making changes including the bela schmidt process which is essentially delivering the jersey ray to the teams because the teams are the ones that put their names and numbers on it and kind of shoring up the jersey to make something make sure it doesn't rip i mean there's dissents sense that maybe these things are just too light but this is certainly an embarrassment but i will say that best part about this for nike is there were no known complaints from consumers about their fan jersey that's where it really hits the pocket so right now it's just an embarrassment for nike not necessarily something that's a najor business crisis while yet because that most fans at home aren't posting up against someone is six eleven and taken into the paint.
"mark parker" Discussed on WDRC
"It seems that stupid that from a distance you say you you value the opinions of all your employees because all your employees think alike are you really saying that mark parker because that that seems really really stoop oh with the remarking earned the unoas years and at the great companies are marketing arm but i agree bohai commercial offended population of around the country and around the world and he i think that part of that group with that they think everyone everyone he odorkor methods but then when they put a thumping in uh in the arab world that out uh put the woman's right her finding that it's not a it will not quite that way a so apparently apparently if you've got gotta headquarters in dubai your employees there may not exactly agree with the uh sort of broad binded pluralistic views of euro employee's back in america but you're welcome to continue to think that and make some dumb headed decisions david thanks alive coming on tonight ain't on thank you david almasy who's the vice president of the national center for public policy research should you have the right to believe in things i mean no don't go to work and pamphlet tear or run around and try to proselytise to people but if somebody says what do you think of this and you give an opinion that sounds side the mainstream does your boss have a right to fire you were give you a bad performance for coming up at the moment president obama spied on the trump campaign on the campaign trail after all next we'll talk to cheryl at present who is a journalist who is also spied on by obama you'll hear that right here on the lars lars.
"mark parker" Discussed on That's What She Said with Sarah Spain
"In a way that nobody else is and you know even though i didn't go to business school i the one thing i do know you know the first thing about not business but starting a business is understanding with the he hasn't where you could feel and in this particular process like i said we we we do we wanted to be like the black version of the village voice um and they'll that didn't exist and other we will be that big but you know to provide black visibility black commentary you know that their cater to our interests and unease at the time in a way that wasn't be done that's what was important the flip side of that is living working four other individuals to be honest with that i've been very blessed in lucky to not have to really uh since i started my own you know um not have to deal with the major push back on contribution as far as not being able to say what i feel is necessary to be said a what's it gives import i've been very lucky that way so when you when went to work for nike was that four after this that is after the nike came to me he um like he came to me uh was a two thousand before i can be if peant uh i was at the time we had done slam magazine don't of other krill i was already doing both in the nba magazines um and uh nike just they they wanted to do a book and uh they're they're head of brand design had a concept to do a book from that could cause kill might mark parker they wanted to find a way to document.
"mark parker" Discussed on HBR IdeaCast
"Some businesses think that a good business person can work in any kind of company think of a company like procter and gamble where you know it doesn't matter if you're marketing cake batter one day or potato chips the next day you don't they you know the theory is you don't need to have any particular passion for the product do you disagree with that pretty much in i i do believe there such a thing as a as a good general manager that can go across industries and categories but for the most part i think you really have to have a passion for the business you iran i consider myself pretty good the businessman but i'd get fired at microsoft you just don't get interested in the technology i it it's completely above me now obviously they were on different coasts in those early years but did bauer men and parker develop much of a relationship in the early days when when you are presenting shoes to borrow there was always a certain amount of tension in there and environments attitude was that nike makes the worst shoes in the world except for bundles and uh so it could always be better so it was never really kind of good enough and so it was always the student presenting to the professor sort of relationship even even for me that sounds like you must be frustrating uh it it was for some people that that's a true statement it was not for mark parker and it was not for me do you recall a moment one you i said dear self gosh this guy might be more than a designer he could have the potential to be more broadly involved in running the business.