Friday 25 May 2012

Tim Cook of Apple is the highest-paid CEO in the US


Tim Cook of Apple is the highest-paid CEO in the US

apple-ceo-tim-cook.jpgWall Street Journal's annual survey of CEO salaries is out in the US, and Apple's new boss, Tim Cook capped the maximum benefits. His package for 2011 consisted of $378 million in 2011, which also includes the one million shares he picked up in August. His base salary is $900,000, along with annual incentives and is said it be a $1 higher than that earned by Steve Jobs. However considering the worldwide craze for Apple products Mr Cooks salary is going anywhere but up.
The cream of the list saw a lot of tech flavours as Oracle's Larry Ellison, ($76 million), CBS CEO Les Moonves ($69.3 million), J.C. Penny chief executive Ron Johnson (formerly of Apple) ($53.6 million), and Motorola Mobility CEO Sanjay Jha ($46.6 million) round up the top five.




(courtesy:luxurylaunches.com)

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