Mark Parker, president and chief executiveofficer of Nike Inc., saw his 2009 pay package expand 84.4 percent — andthe cash portion of it more than double. Parker earned a total of $13.1million last year, up from $7.1 million in the prior year, as hissalary moved up marginally — jumping 0.8 percent to $1.5 million — buthis nonequity incentive plan compensation nearly quintupled to $4.4million from $900,000. The sum of Parker’s stock and option awardsexpanded 53.7 percent to $7 million from $4.6 million in 2008. Excludingthese awards, Parker took in $6.1 million last year versus $2.6 millionin the prior year. Because of fluctuating stock prices and vestingschedules, awards aren’t necessarily realized by the executive, butcompanies are required to include them in executive compensation tableswhen submitting proxy statements to the Securities and ExchangeCommission, as Nike did late Monday.
In honor of Rihanna’s 30th birthday, we took a look back at an interview with the Barbados-native when she was just 18 years old. Here, she talked about her second album, “A Girl Like Me” in 2006. “I want to be me. I want people to fall in love with who Rihanna is, and that’s why I want the album to be about me so people can really find out who this girl Rihanna is, because they only know the ‘Pon de Replay’ girl.” Fast forward 12 years, and she’s released six more albums and has become a powerhouse in both the fashion and music industries. Happy birthday, @badgalriri 🎈(📷: Pavel Antonov) #wwdarchive
For @simonerocha_‘s fall show, hairstylist @jamespecis created a look inspired by the painter John Constable. Models’ hair was pulled back, tied into knots and topped off with a bow. (📷: @kukukuba) #wwdbeauty #lfw
Queen Elizabeth made a surprise appearance at @richardquinn1's London Fashion Week show to present the designer with the inaugural Queen Elizabeth II Award for British Design. The new award will be handed out annually to an emerging British fashion designer who shows exceptional talent, while demonstrating value to the community and sustainable policies. #wwdfashion #lfw (📷: @giovanni_giannoni_photo)