Tim Cook Named Highest Paid CEO In America

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timcooksmiling
No wonder he's always smiling.

Despite taking control of Apple just 18 months ago, Tim Cook has been named by CNBC as the highest paid CEO in America. With an average annual compensation of around $95 million, Cook beats Oracle’s Larry Ellison and JC Penney’s Ron Johnson to the top spot.

Of course, both Larry Ellison and Ron Johnson are closely tied to Apple. Ellison was a friend of Steve Jobs, Apple’s co-founder and former CEO; while Johnson was the Cupertino company’s vice president of retail for nearly eight years before he left for JC Penney.

The list of highest-paid CEOs, and the average annual compensation they’ve received, is as follows:

  1. Tim Cook (Apple) — $95 million
  2. Larry Ellison (Oracle) — $70 million
  3. Ron Johnson (JC Penney) — $53 million
  4. Leslie Moonves (CBS Corporation) — $52 million
  5. Richard Adkerson (Freeport-McMoRan Copper & Gold) — $49 million
  6. Philippe Dauman (Viacom) — $43 million
  7. John Hammergren (McKesson Corporation) — $42 million
  8. Aubrey McClendon (Chesapeake Energy) — $39 million
  9. James Gallogly (James Gallogly) — $35 million
  10. David Simon (Simon Property Group — $35 million
  11. Robert Iger (Walt Disney) — $33 million
  12. Rex Tillerson (Exxon Mobil Corporation) — $30 million
  13. Michael Jeffries (Abercrombie & Fitch) — $29 million
  14. Rupert Murdoch (News. Corp) $28 million
  15. Louis Camilleri (Philip Morris International) — $28 million
  16. David Zaslav (Discovery Communications) — $27 million
  17. Brian Roberts (Comcast Corporation) — $27 million
  18. Miles White (Abbott Laboratories) — $27 million
  19. Ralph Lauren (Ralph Lauren Corporation) — $27 million
  20. Kieran Gallahue (CareFusion Corporation) — $25 million
  21. David Cote (Honeywell International) — $25 million

Source: CNBC

Via: MacTrast

  • ktaifan

    Absurd.