Comments on: For Jobs, a $1 salary. For Cook? $1.4 million

By: LittleBiggyGirl

LittleBiggyGirl — Tue, 10 Jan 2012 05:29:17 +0000

what % of his 2011 compensation did Tim Cook spend on his clothes? Whatever it was, it should have been more. Cook needs a new look.
http://littlebiggy.org/4648387

By: fabianschonholz

fabianschonholz — Tue, 10 Jan 2012 01:09:59 +0000

Why is this news? So the dude make a good chuck of cash. I wish I did. The motivations at that level are more strategic so I do not doubt he deserves it.

By: Primate

Primate — Tue, 10 Jan 2012 00:53:41 +0000

To take a contrarian viewpoint, isn’t one of the problems with executive compensation is that it is too tightly coupled to stock price performance? My read on the zeitgeist on Jobs is that it was his unique product vision that emphasized long term results over short term gain that created the Apple bull run. However, I believe it is more frequently the case that executives pursue tried & true methods for goosing up stock prices such as offshoring of labor to appease next quarters numbers and thus obtain a good return on the stock/options grant…

Primate

By: Anonymous

Anonymous — Tue, 10 Jan 2012 00:05:49 +0000

fear? Cook got a 1,000,000 RSU grant – I think the board could use that as pretty good motivator to perform until he’s vested.

By: John

John — Mon, 09 Jan 2012 23:23:37 +0000

It’s news that this that frightens me into thinking Cook is yet another CEO and that the spirit of Apple might soon perish. It’s quite an exageration but the $1 salary of Jobs had a significance behind it, Jobs’ earnings were determined by how well the company had performed that year and thus in part by how good he himself had run it.

I’m not saying some things will definitely change for the worse now that Jobs is gone, but it’s a fear a lot of Apple users will surely have now.