Apple's Cook Top-Paid US CEO in 2011: Report 21 May 2012

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Apple's Cook top-paid US CEO in 2011: report 21 May 2012 companies by revenue. Television broadcaster CBS head Leslie Moonves was in number-three position at $69 million, followed by the chief executive of struggling retailer JCPenney, Ronald Johnson, who pulled in $53 million. Motorola Mobility chief Sanjay Jha was ranked fifth, at $47 million. The remainder of the top 10, in descending order, Apple CEO Tim Cook, pictured in March 2012, topped were the CEOs of Citigroup, Viacom, Motorola the list of the best-paid CEOs in the US in 2011 thanks Solutions, Walt Disney, and Ford Motor, whose to stock options that put him more than $300 million Alan Mulally earned $29 million. above his next rival, a Wall Street Journal survey showed Monday. Apple's Cook could see his compensation climb further into the stratosphere this year. Apple shares have leaped 29 percent in the year to date, and on Monday were up 5.5 percent in late New York Apple chief executive Tim Cook topped the list of trade. the best-paid CEOs in the US in 2011 thanks to stock options that put him more than $300 million (c) 2012 AFP above his next rival, a Wall Street Journal survey showed Monday. Cook, who took the helm of the iPhone and iPad maker in August last year, two months before the death of founder Steve Jobs, clocked in total compensation of $378 million. Cook earned $900,000 for his annual salary and $900,000 for his annual incentives. But he scooped up a cool $376 million in restricted stock grants, based on Apple's stock price at the time. Another Silicon Valley big gun, the head of Oracle, Larry Ellison, came in second place with less than a fifth of Cook's pay, at $76 million. The study, conducted by Hay Group for the Journal covered the 300 largest US public 1 / 2 APA citation: Apple's Cook top-paid US CEO in 2011: report (2012, May 21) retrieved 24 September 2021 from https://phys.org/news/2012-05-apple-cook-top-paid-ceo.html This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. 2 / 2 Powered by TCPDF (www.tcpdf.org).

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