MacNN Forums (http://forums.macnn.com/)
-   Tech News (http://forums.macnn.com/tech-news/)
-   -   Amazon adds Apple to list of companies used to judge executive pay (http://forums.macnn.com/113/tech-news/499764/amazon-adds-apple-list-companies-used/)

 
NewsPoster Apr 15, 2013 03:18 PM
Amazon adds Apple to list of companies used to judge executive pay
Amazon has added Apple to a list of companies it measures against when deciding executive pay, according to a US Securities and Exchange Commission filing <a href="http://articles.economictimes.indiatimes.com/2013-04-13/news/38511343_1_amazon-spokesman-kindle-fire-lab126">found</a> by India's <em>Economic Times</em>. The document also shows that Amazon increased compensation for its executives in 2012. It's uncertain, though, if the pay bump is directly related to Apple's inclusion as a reference point.<br /><br />SEC filings do show that four Apple executives <a href="http://macnn.com/rd/283414==http://www.macnn.com/articles/13/04/15/ceo.tim.cook.notably.missing/" rel='nofollow'>were among the highest-paid in the S&P 500</a> during 2012. Of the Apple group, the highest-paid was senior VP of Technologies Bob Mansfield, who pulled in $85.5 million. Much of that came in the form of stocks however, which won't return any cash until Mansfield can sell them off.
 
thinkman Apr 15, 2013 03:30 PM
Bozoid
Of course they did, since Apple pays their execs extremely well - likely because they deserve it. Amazon did this so that Bozos can reap even greater sums of money from a sight that makes literally no profit! What a creep!
 
All times are GMT -4. The time now is 04:18 AM.

Copyright © 2005-2007 MacNN. All rights reserved.
Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2016, vBulletin Solutions, Inc.


Content Relevant URLs by vBSEO 3.3.2