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CNBC: Tim Cook is America’s Highest Paid CEO

Posted in Apple, News on 21/11/2012 by J. Glenn Künzler

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Tim Cook has ranked number one in CNBC‘s list of the highest paid American CEOs. With an average compensation of a whopping $95 million over the past five years, the Apple chief has a comfortable lead over Larry Ellison, second and Ron Johnson, third.

Interestingly, both Ellison and Johnson have strong ties with Apple. The former was a close friend of Steve Jobs, while the latter was the VP of Retail at the Cupertino company before leaving to take over as CEO of JCPenney. Ellison received $70 million in compensation, while Johnson received $53 million.

Quite a few tech CEOs feature in the top ten, and that just shows how far the industry has come over the past couple of decades.

CNBC’s ranking supports rankings done by the New York Times and the Wall Street Journal earlier this year.



J. Glenn Künzler

Author

J. Glenn Künzler

Glenn is Managing Editor at MacTrast, and has been using a Mac since he bought his first MacBook Pro in 2006. Now he's up to his neck in Apple, and owns an old iBook, a 2012 iMac with an extra Thunderbolt display for good measure, a 4th-generation iPad, an iPad mini, 2 iPhones, and a Mac Mini that lives at the neighbor's house. He lives in a small town in Utah, enjoys bacon more than you can possibly imagine, and is severely addicted to pie.