Re:Apple chief executive Tim Cook gets $750m payout
by spottybanana on Friday August 27, 2021 @09:32AM
(#28327586)
> You are justifying someone being paid $750m. No one needs that much money. No one. Why are you defending this? It's obscene.
Yeah, he doesn't need it, but I am happy that he has it. He clearly is a guy who can deliver value for society and I don't think he is going to use the money stupidly.
Would I pay someone $750m to run a company? Definitely not. However as a stock owner I would pay using stock compensation, and that's what happened here. The whole idea that the owners are paying in cash is wrong to begin with, as that isn't the case.
Yeah, he doesn't need it, but I am happy that he has it. He clearly is a guy who can deliver value for society and I don't think he is going to use the money stupidly.
Would I pay someone $750m to run a company? Definitely not. However as a stock owner I would pay using stock compensation, and that's what happened here. The whole idea that the owners are paying in cash is wrong to begin with, as that isn't the case.