Four Apple Execs at Top of 'Best Paid Execs' List
Nice work if you can get it.
As one of the richest companies in the world, Apple rewards its top brass pretty handsomely. In fact, Apple pays its top executives so well, they make up the majority of the top five highest paid executives in the United States.
As one of the richest companies in the world, Apple rewards its top brass pretty handsomely. In fact, Apple pays its top executives so well, they make up the majority of the top five highest paid executives in the United States. At least, they do according to the Standard & Poor's. Standard & Poor's 500, a stock market index based on the market caps of 500 leading companies on the U.S. stock market, lists four of the top five highest-paid executives as Apple employees.
Bloomberg cites the S&P 500 in reporting that Bob Mansfield, Bruce Sewell, Jeffrey Williams and Peter Oppenheimer made the list of the top five highest paid execs in the United States. This is according to fiscal 2012 compensation figures filed with the SEC. Mansfield is Senior Vice President of Technologies at Apple, while Bruce Sewell is General Counsel and Senior Vice President of Legal and Government Affairs. Jeffrey Williams and Peter Oppenheimer are Senior Vice President of Operations and Chief Financial Officer, respectively. The four were each awarded compensation packages ranging from between $68.6 million and $85.5 million last year. Bloomberg reports that CEO Tim Cook, with his $4.17 million compensation package, ranked 1,016 on the list.
Of course, more interesting is who snagged the only non-Apple spot in the top five. That person was Oracle's Larry Ellison and he occupies the top spot. Ellison received $96.2 million last year. That's enough to buy your own personal island, and Larry did just that last year. Ellison bought the Hawaiian island of Lanai in June of 2012. Though it's not clear how much he paid, Ellison is said to have purchased 98 percent of the island’s 141 square miles from landowner Castle & Cook.
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Jane McEntegart is a writer, editor, and marketing communications professional with 17 years of experience in the technology industry. She has written about a wide range of technology topics, including smartphones, tablets, and game consoles. Her articles have been published in Tom's Guide, Tom's Hardware, MobileSyrup, and Edge Up.
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del35 Ummm, the money swindled from the technological morons that flocks to Apple products had to go somewhere, and it was certainly not going to technological innovation and research....Reply -
edogawa Reply10671982 said:Ummm, the money swindled from the technological morons that flocks to Apple products had to go somewhere, and it was certainly not going to technological innovation and research....
Lol, that sounds about right. -
Non-Euclidean They come up with revolutionary new ways to use the judicial system to suppress competition and innovation.Reply -
beppomarx Reply10672101 said:Reason #583 not to buy anything Apple.
With that logic you also need to avoid using any device that was developed or uses anything by oracle. Good luck with that.
Btw I can't stand apple either, HTC one FTW!!!
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kinggraves And yet they still can't afford to pay those expensive US taxes on the rich or source their labor locally where they'd have to pay for unions. US labor is way too expensive, our CEOs wouldn't even be able to buy islands!Reply