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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="">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="" 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
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!
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