Re: Apple, Jobs, and the irony of it

["Paul Grammens" <grammens@svn.net>]

"Richard Kilpatrick" <richard@dmc12.demon.co.uk> wrote in message
news:+1Vn$1AzipQ$EwQV@dmc12.demon.co.uk...
> In message <vk4iq1q2kmrcb3@corp.supernews.com>, Paul Grammens
> <grammens@svn.net> writes
> >"A review of total pay from 2000 through 2002 for 243 CEOs running
companies
> >with 2002 revenue of $5 billion or more also shows that total pay ranged
> >from a low of $336,000 a year received by Berkshire Hathaway Inc.'s
Warren
> >Buffett to $219 million a year for Steve Jobs of Apple Computer Inc. "
>
> So? It's his company. He co-founded it. Without Jobs, Apple wouldn't
> exist. Without Jobs' return, Apple would not be the company it is today.
>
> He has, IMO, earned every penny he makes, no matter how little he really
> does now, because it is his baby.
>
> If I'd done it, I'd hardly be saying 'no, don't give me that much
> money'.
>

It isn't "his company" any more and hasn't been for a long time. It
literally belongs to the shareholders.  They're getting a very poor value
for their CEO dollar, where Bershire Hathaway shareholders are getting an
excellent value for their CEO dollar.  That's the whole point of the
article.

I think it's quite newsworthy that Jobs is #1 on the list of overpaid CEO's.
-Paul