01-10-2012, 08:58 PM
It is not whether "one man is worth that kind of money". It is what a man's worth to that entity and its shareholders.
In this case, Mr. Cook will receive 1M AAPL shares out of a total of 929 M shares. That is, every Apple shareholder will cover Mr. Cook's compensation by giving him ~$0.23 out of each share of AAPL in Q3 2016, and another $0.23/share in Q3 2021 (if the price is at $420/share). As a shareholder myself, I think it is a pretty reasonable investment to give Mr. Cook a try.
On the other hand, consider the size and power Apple's competitors have (and the ridiculous amount of cash these companies agreed to pay to get rid of some clowns dressed like a CEO), the amount for Mr. Cook is not really out of the line (in this industry).
How much Tim Cook is worth to Apple and its shareholders is totally up to Apple's board, as well as the compensation structure to the rest of Apple employees (and subcontractors' workers) is totally up to Apple's management. Companies are often very creative to structure the total benefit terms to achieve its business goals. The goal here is to keep all recruiters off Mr. Cook so he can focus on his job, IMO.
The bottom line is, every company needs to make sure they can retain all talents/workforce they need to stay afloat in the industry. As long as a company is honest and productive, none of that is anyone's business but the company's shareholders.
In this case, Mr. Cook will receive 1M AAPL shares out of a total of 929 M shares. That is, every Apple shareholder will cover Mr. Cook's compensation by giving him ~$0.23 out of each share of AAPL in Q3 2016, and another $0.23/share in Q3 2021 (if the price is at $420/share). As a shareholder myself, I think it is a pretty reasonable investment to give Mr. Cook a try.
On the other hand, consider the size and power Apple's competitors have (and the ridiculous amount of cash these companies agreed to pay to get rid of some clowns dressed like a CEO), the amount for Mr. Cook is not really out of the line (in this industry).
How much Tim Cook is worth to Apple and its shareholders is totally up to Apple's board, as well as the compensation structure to the rest of Apple employees (and subcontractors' workers) is totally up to Apple's management. Companies are often very creative to structure the total benefit terms to achieve its business goals. The goal here is to keep all recruiters off Mr. Cook so he can focus on his job, IMO.
The bottom line is, every company needs to make sure they can retain all talents/workforce they need to stay afloat in the industry. As long as a company is honest and productive, none of that is anyone's business but the company's shareholders.