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