Wednesday, May 6, 2015

Apple Executives Paid $281 Million Have Top Pay-for-Performance

Five Apple Inc. employees who were paid $281 million last year are among the 100 highest-paid executives in the U.S.

They’re worth every penny, according to the Bloomberg Pay Index, the first daily ranking of U.S. executive compensation.

Chief Executive Officer Tim Cook, Senior Vice Presidents Angela Ahrendts, Eduardo Cue and Jeffrey Williams, and former Chief Financial Officer Peter Oppenheimer have a combined pay package equivalent to about 1 percent of the company’s economic profit, according to the ranking.

-, Bloomberg Business, April 17, 2015

Read the rest here.

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