John Paczkowski

Recent Posts by John Paczkowski

Steve Jobs’s Paycheck: $1. Tim Cook’s Paycheck: $378 Million.

Financially, 2011 was a windfall year for Tim Cook. His appointment as Apple CEO following the departure of co-founder Steve Jobs brought with it a new salary and a wheelbarrow full of stock awards.

According to Apple’s 2012 Proxy Statement, Cook received a jaw-dropping $377,996,537 in total compensation last year — which is $377,996,536 more than his late predecessor made.

Cook made a little more than $900,000 in salary in 2011, but a massive bonus in restricted stock units, vesting in two five-year increments and doled out with his appointment to the CEO slot, sent his total compensation into the stratosphere.

Of course this isn’t the first time Apple has showered a CEO in stock options. A similar scenario played out in 2006, when Steve Jobs received $646.6 million, much of it in stock.


Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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