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Nike CEO Mark Parker has joined the board of directors of Walt Disney, effective immediately, the entertainment conglomerate said Monday.
Parker’s appointment brings the total membership of Disney’s board to 12, and he’ll stand for election along with the others at Disney’s annual shareholder’s meeting March 3 in Chicago.
Parker joined Nike in 1979 as one of the company’s first “footwear designers” and was named CEO in January, 2006.
“As CEO of Nike, Mark is widely recognized for driving the stellar growth of an industry-leading brand,” Disney CEO Bob Iger said on Monday. “His keen insight into consumers and his broad experience in international markets make him a great fit for the Disney board.”
“For decades,” said Parker, “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.”
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