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 $1 higher than that earned by Steve Jobs. However, considering Apple products’ worldwide craze, Mr. Cook’s salary is going anywhere but up.
The cream of the list saw a lot of tech flavors 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.
[Theverge]
