Tuesday, January 10, 2012

Apple chief Tim Cook set to top US pay league

Apple's late founder Steve Jobs created the world's most valuable company and was paid just $5 in the last years of his life – but his successor Tim Cook, unknown outside Silicon Valley until his elevation to the top job last summer, has been awarded a $378m (£244m) pay jackpot.In the clearest sign yet that the wage bills for America's leading executives are ramping back to eye-watering

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