Nike CEO Mark Parker has been at the helm of the most powerful brand in the athletic market since 2006. With 2015 shaping up to be another big year for the company, today, Fortune named the executive its Businessperson of the Year.
“Parker is something of an oddity in a world of big-ego, headline-grabbing CEOs,” the Fortune article states. “Introverts, after all, aren’t the norm in the executive suite. But people like Parker and Apple’s Tim Cook are showing that reserved types can deliver.”
Fortune said Parker’s role in Nike finding growth while already incredibly successful has been a tough task that he’s conquered, as the brand is no longer the underdog to brands like Adidas.
The sneaker designer-turned-CEO (who appears on the magazine’s cover) made a bold proclamation in October during its Investor Day in Beaverton, Ore., stating he expects the company to reach $50 billion in revenues by the year 2020. During that same meeting, Parker announced that Nike’s women’s business is currently valued at $5.7 billion and is expected to grow to over $11 billion in the next five years, and its e-commerce currently grosses more than $1 billion in revenues with an expectation to hit $7 billion in the next five years.