Apple execs underpaid (5)

2 Name: dmpk2k!hinhT6kz2E 2005-03-16 21:30 ID:JbbrASwn

Let's look at just one fellow: vice president Tim Cook. Receives a salary of $600,000 and $7.65 million in stock.

Just how many full-time engineers could that employ for a year? You're telling me an executive vice-president is more productive than an entire division of engineers?

Of course, Apple arguably has to compete for executive talent, but I think there are serious issues in any industry where a single person earns more than an entire division of the real wealth-producers of a company.

$100,000-$300,000. Okay. But nobody is worth a few million. I can almost guarantee you that Tim Cook could be replaced by some random educated fool and on average it would make little difference.

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