-
Are tech’s billion-dollar CEOs worth their pay?
Apple paid its chief executive, Tim Cook, $US1.4 billion ($1.8 billion) in total since 2007. Oracle’s chairman, Larry Ellison, racked up stock and cash valued at nearly $US1.9 billion over the same period. And Mark Zuckerberg has pulled in $US5.7 billion from Facebook since the company went public in 2012. These are among the billion-dollar men of the technology industry. The cumulative pay cheques of a half-dozen executives topped $US13.2 billion, according to a new analysis of the past 15 years. Those are years in which tech companies become powerful forces in the economy, our lives and world affairs. The mood ... (full story)