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I somewhere read that Tim Cook's salary was 800K and though - wow that's really not that much for a COO (and CEO-to-be) of the biggest corporation (by market ca
by mynegation 15y ago
I somewhere read that Tim Cook's salary was 800K and though - wow that's really not that much for a COO (and CEO-to-be) of the biggest corporation (by market cap) in the world. But then I found that total comp is more like 60M (http://people.forbes.com/profile/timothy-d-cook/6607 http://people.forbes.com/profile/timothy-d-cook/6607) which looks more like I though it should be.
My point being, in 2010 Tim Cook already got 52M of restricted stock awards, so this number spread out through the years is nothing out of ordinary for him.
- kingkawn 15y ago"which looks more like I though it should be." Did you mean should? Or would?
- benatkin 15y agoWhy shouldn't it be should? He's done an amazing job and deserves to be compensated fairly. At the scale Apple's at, the number will be huge to most.
- sparky 15y agoThat's the parent's point. "More than I thought it would be" connotes that he was surprised. "More than I thought it should be" connotes that he thinks it's too much.
- alextgordon 15y ago"More like I thought it should be" Not "more than".
- sparky 15y agoYou're right, my mistake. Rest assured that the irony here does not escape me :)
- MaxGabriel 15y agoNo, you misquoted mynegation. He said "which looks more like I though[t] it should be." As in, "which is similar to (what I expected/what it ought) to be." There's still ambiguity, like you said, but its different ambiguity
- mynegation 15y agoEnglish is not my native language and I actually meant "would be". However, I am not prepared to discuss whether this amount is justified or not. To me it looks pretty close to what board of directors _should_ pay Cook in order to keep him.
- kingkawn 15y agoWe're crossing into new cultural space. Would implies that its the way things have become, but it still deserves some thought about the ultimate social ethics involved. Should implies that yes, of course he should be paid at this scale, it would be unfair otherwise. I think its a distinction and conversation worth having.