Mark Parker Nike CEO Mark Parker speaks during a news conference, in New YorkNike Innovations, New York, USA

Mark Parker saw his compensation sprint ahead at Nike Inc. last fiscal year.

The chairman, president and chief executive officer’s compensation totaled $14 million for the fiscal year ended May 31, an increase of 48 percent.

Parker’s take included a salary of $1.7 million and $4.1 million in incentive pay, but the majority of his compensation came in the form of stock and option awards, totaling $8 million. (He might not see the full value of those awards given changes in the company’s stock price).

Last month, the company logged fourth-quarter sales of over $10 billion — breaking the 11-digit mark in a quarter for the first time. Profits, however, fell to $989 million from $1.14 billion as the company spent more on marketing and product launches and weathered a higher tax bill.

While Parker’s pay package is big, it’s not the largest in fashion. A WWD study this week of the top earners in retail, apparel and beauty found Fabrizio Freda, ceo at The Estée Lauder Cos., in the lead, with annual compensation of $48.8 million.