Taken from:
http://marketday.msnbc.msn.com/_news/2012/04/08/11084598-apples-cook-is-highest-paid-ceo-according-to-nyt?lite
The article notes:
"Apple Chief Executive Officer Tim Cook was awarded $378 million in compensation last year, making him by far the top-paid CEO among big public companies in a study published in the New York Times on Sunday April 9th.
Cook’s pay package included a salary of $900,000, a bonus of $900,000 and a one-time award of Apple stock that initially was valued at $376.2 million but has soared along with Apple’s stock price to $634 million, according to the Times."
While Steve Jobs is gone from Apple; Apple stocks continues to soar. Apple is declaring a dividend (rare for the company); and the future is very rosy. So, in my opinion, Tim Cook may well be entitled to his highest CEO earnings (the majority are stock).
But, Mr. Cook is in an interesting situation. Whatever he does in the near future will be compared to Steve Jobs - but if he can survive the tough first year (or two), and keep Apple rolling, he will be able to shape Apple's future.
http://marketday.msnbc.msn.com/_news/2012/04/08/11084598-apples-cook-is-highest-paid-ceo-according-to-nyt?lite
The article notes:
"Apple Chief Executive Officer Tim Cook was awarded $378 million in compensation last year, making him by far the top-paid CEO among big public companies in a study published in the New York Times on Sunday April 9th.
Cook’s pay package included a salary of $900,000, a bonus of $900,000 and a one-time award of Apple stock that initially was valued at $376.2 million but has soared along with Apple’s stock price to $634 million, according to the Times."
While Steve Jobs is gone from Apple; Apple stocks continues to soar. Apple is declaring a dividend (rare for the company); and the future is very rosy. So, in my opinion, Tim Cook may well be entitled to his highest CEO earnings (the majority are stock).
But, Mr. Cook is in an interesting situation. Whatever he does in the near future will be compared to Steve Jobs - but if he can survive the tough first year (or two), and keep Apple rolling, he will be able to shape Apple's future.
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