| CEO Name | Jared Carver |
| Nationality | United States |
| Net Worth Estimation | $5 million |
Jared Carver, current CEO of Converse (a Nike, Inc. subsidiary), has an estimated net worth of around $5 million, derived mainly from his executive salary, performance bonuses, and equity stakes accumulated during his ascent within Converse and Nike since joining in the early 2000s. His compensation and net worth are influenced by Nike's corporate pay structure, comparable industry benchmarks for executives, and Converse's recent business performance.
Jared Carver, CEO of Converse (Nike, Inc.), has an estimated net worth of $5,000,000, which is 0.056% of the highest estimated net worth ($9,000,000,000) and 500% of the minimum ($1,000,000) within the apparel business category. His net worth positions him at the lower end of the CEO wealth spectrum in this sector.
Business Category: Apparel
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 9000000000 USD
Jared Carver Performance in Converse (Nike, Inc.)
Jared Carver, CEO of Converse under Nike, Inc., demonstrates transformational leadership by fostering innovation and redefining brand identity. His strategic decision-making focuses on expanding digital presence and sustainable product lines, driving market growth. Carver's performance has significantly enhanced Converse's global market share and brand relevance in the competitive footwear industry.
Latest News
Converse Appoints Nike Veteran Aaron Cain as New CEO Amid Sales Challenges
Nike's Converse division has appointed Aaron Cain, a 21-year Nike veteran and former VP of Nike Global Men's business, as its new CEO, replacing Jared Carver after two years. This leadership change aims to revitalize Converse following a 26% revenue decline and is part of Nike's broader strategic 'Sport Offense' plan to boost innovation and market growth across its brands. Aaron Cain's global leadership experience is expected to guide Converse through its next evolution within Nike's portfolio.
Source: http://www.bloomberg.com/news/articles/2025-11-05/nike-replaces-converse-ceo-amid-sales-slump