Apple’s CEO; Tim Cook is the Highest Paid U.S. CEO

The replacement for Steve Jobs at the head of Apple , Tim Cook, was in 2011 the CEO with a higher economic return in the U.S., 378 million, as set in the contract he signed in August, according to the newspaper ” The Wall Street Journal . ”

apple ceo tim cook

Tim Cooks at WWDC on the Release of Iphone4s – Courtesy by Engadget

The replacement for Steve Jobs at the head of Apple, Tim Cook, was in 2011 the CEO with a higher economic return in the U.S., 378 million, as set in the contract he signed in August, according to the newspaper “The Wall Street Journal”.

Cook led the list of salaries of CEOs drawn up annually by the New York daily before Larry Ellison of Oracle, Leslie Moonves of CBS, Ron Johnson of JC Penney and Sanjay Jha of “Motorola Mobility Holdings”.

The high salary of the leader of Apple, however, did not bring his annual salary and that included mostly the value of one million shares of the company you are entitled to Cook and is priced in August at 376.2 million dollars .

Cook is prohibited from selling half of its assets by 2016 and the rest by 2021 while Apple shares have risen and their shares would be worth $ 530 million currently.

According to Apple, one million shares granted to Cook is understood as a return to ten years and not only for his work in 2011.

Cook’s salary as the highest figure in the history of salary report “The Wall Street Journal” since 2006.

Oracle Ellison received $ 76 million as payment at the end of fiscal 2011, an amount obtained in bonuses and assets since it was not that Ellison has a fixed floor.

Moonves of CBS earned $ 69.3 million in the same period, mostly bonus while JC Penney Johnson managed 53.3 million, almost everything in stock value.

Sanjay Jha of “Motorola Mobility Holdings” had a salary worth $ 46.6 million at the end of the fiscal year.

2 responses to “Apple’s CEO; Tim Cook is the Highest Paid U.S. CEO

  1. Pingback: Facebook is Trying to Create Its Own Smartphone « Johnson.J's News Blog·

  2. Pingback: Foxconn CEO Said: The iPhone 5 will put the Galaxy S III in “Shame” « Johnson.J's News Blog·

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