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Apple is the most valuable company in the world. Why do you find it surprising that it takes hundreds of millions of dollars to retain someone qualified to run
by timsally 15y ago
Apple is the most valuable company in the world. Why do you find it surprising that it takes hundreds of millions of dollars to retain someone qualified to run such a company? Plus, the position of CEO is arguable the place where Apple is the weakest and companies spend to shore up their weaknesses. In contrast, they don't need to bump pay by 5% to get the best engineers and designers. It's a good use of the money that Apple has and it is amortized over a a decade.