MUMBAI: The Walt Disney Company Board of Directors has elected Nike, Inc. president and CEO Mark G. Parker as a director, effective immediately.

“As CEO of Nike, Mark is widely recognised for driving the stellar growth of an industry-leading brand. His keen insight into consumers and his broad experience in international markets make him a great fit for the Disney Board,” said Disney chairman and CEO Robert A. Iger.

“I’m honored to be named a director of Disney. For decades, 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,” Parker added.

Parker will stand for election along with the company’s other directors at Disney’s annual meeting on 3 March in Chicago. Parker’s appointment brings total membership on the Disney Board to 12.

Parker has served as CEO and president of Nike since January 2006. He joined Nike as one of the company’s first footwear designers in 1979 and during his 37-year tenure he has been at the center of innovation, bringing pioneering concepts and engineering expertise to vital roles such as vice president of consumer product marketing, vice president of global footwear and co-president of the Nike Brand. He has led the way for Nike Air and a multitude of industry-breakthroughs in product design. In addition to helping lead the continued growth of the Nike brand, Parker is responsible for the growth of the company’s global business portfolio, which includes Converse Inc. and Hurley International LLC.