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Amazon adds Apple to list of companies used to judge executive pay

updated 03:16 pm EDT, Mon April 15, 2013

May set difficult bar

Amazon has added Apple to a list of companies it measures against when deciding executive pay, according to a US Securities and Exchange Commission filing found by India's Economic Times. The document also shows that Amazon increased compensation for its executives in 2012. It's uncertain, though, if the pay bump is directly related to Apple's inclusion as a reference point.

SEC filings do show that four Apple executives were among the highest-paid in the S&P 500 during 2012. Of the Apple group, the highest-paid was senior VP of Technologies Bob Mansfield, who pulled in $85.5 million. Much of that came in the form of stocks however, which won't return any cash until Mansfield can sell them off.




by MacNN Staff

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  1. thinkman

    Fresh-Faced Recruit

    Joined: 01-04-05

    Bozoid

    Of course they did, since Apple pays their execs extremely well - likely because they deserve it. Amazon did this so that Bozos can reap even greater sums of money from a sight that makes literally no profit! What a creep!

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