Apple CEO's salary is 378 million U.S. dollars, which is equal to 60,000 annual wages of Foxconn workers (picture)

Apple CEO's salary is 378 million U.S. dollars, which is equal to 60,000 annual wages of Foxconn workers (picture) According to US media reports yesterday, executive compensation...

According to US media reports yesterday, Equilar, an executive compensation tracking agency, recently announced the annual salary rankings of executives of 100 listed companies in 2011. Apple CEO Tim Grams topped the list with an annual salary of US$378 million.

Last year, Cook's total compensation income reached US$378 million, including salary, additional income, bonuses and one-time stock awards. Among them, stock awards accounted for the largest share, accounting for US$376.2 million. These stocks will be unlocked over the next ten years, half in 2016 and the other half in 2021.

Since Cook became CEO, Apple's business strategy has undergone a series of innovations, such as paying dividends and paying more attention to the Chinese market, which has caused Apple's stock price to rise by nearly 70%. When the US stock market closed on April 6, Apple's stock price closed at US$633.68, surpassing Google for the first time. At this time, Apple's market value reached US$590 billion, ranking first in the world, nearly three times that of Google. When Jobs resigned as Apple CEO, Apple's stock price was only $373.72. From a profit perspective alone, Apple’s payment of nearly $400 million in annual income to Cook is well worth the money.

Ranking second on the salary list is Oracle CEO Larry Ellison, with a total salary of US$77.6 million. Ranking third is Ronald Johnson, CEO of the American clothing department store J.C. Penny, with a total salary of US$53.3 million. News Corp. CEO Rupert Murdoch ranked tenth, with annual income of $29.4 million. (Reporter Lin Qiling, intern Ge Wenjie)

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1 year for Cook = 60,000 years for Foxconn workers

> What is the concept of such a salary for Cook? The New York Times provides the following set of data that may explain it well. US$378 million is equivalent to:

> Disney CEO Robert Iger’s annual salary for 12 years. His annual salary last year was US$31.4 million.

Citigroup CEO Pandit's annual salary of 25.4 years (based on last year's compensation).

General Electric CEO Immelt's annual salary for 33.5 years (based on last year's compensation).

is at least equivalent to Apple’s entire investment in a new corporate campus in Austin, Texas.

is equivalent to 40% of Apple's 2011 advertising budget.

The salary of a worker at Foxconn is 60,919 US dollars. The company is Apple's supplier and agent manufacturer in China, and employees are paid about US$17 per day.

can buy 757,515 iPads priced at $499.

can buy 1,899,497 iPhone 4S phones priced at $199. (Huang Rui)