Business Week: Apple's Board Sucks
flip
KMA <Use-Author-Supplied-Address-Header@[127.1]> wrote:
> http://www.siliconvalley.com/mld/siliconvalley/4158862.htm
>
> Thu Sep 26, 9:39 PM ET
>
> NEW YORK (Reuters) - Apple Computer Inc. Chief Executive Steven Jobs
> not only has the dubious distinction of having his company's board
> named as one of the worst, but he is also a director of Gap Inc. ,
> another company that made the same list. The two companies are among
> eight listed in the Oct. 7 issue of BusinessWeek as having the worst
> boards of directors.
>
Is this any surprise?
Jobs is vastly overpaid.
Ellison didn't bother to attend meetings (at least he's finally resigned
- probably more because of fear of shareholder lawsuits than anything).
The Intuit guy sat on the board mouthing the right phrases while his
company was dropping Mac products - and their flagship product (Quicken)
isn't all that well supported.
The only odd thing about the whole article is that Business Week
considers it to be news.
Sandman
flip <fli...@mac.com> wrote:
> > http://www.siliconvalley.com/mld/siliconvalley/4158862.htm
> >
> > Thu Sep 26, 9:39 PM ET
> >
> > NEW YORK (Reuters) - Apple Computer Inc. Chief Executive Steven Jobs
> > not only has the dubious distinction of having his company's board
> > named as one of the worst, but he is also a director of Gap Inc. ,
> > another company that made the same list. The two companies are among
> > eight listed in the Oct. 7 issue of BusinessWeek as having the worst
> > boards of directors.
> >
>
> Is this any surprise?
>
> Jobs is vastly overpaid.
Isn't his pay one dollar a year? :)
--
Sandman[.net]
Flip
Sandman <m...@sandman.net> wrote:
Yes.
But his total compensation is the highest of any CEO, according to the
articles posted here.
Salary isn't everything.
Sandman
Flip
Sandman <m...@sandman.net> wrote:
> In article <flippo-6EBC92....@nnrp04.earthlink.net>,
> Flip <fli...@mac.com> wrote:
>
> > In article <mr-E4F89F.14...@news.fu-berlin.de>,
> > Sandman <m...@sandman.net> wrote:
> >
> > > In article <flippo-CB9BCB....@news.central.cox.net>,
> > > flip <fli...@mac.com> wrote:
> > >
> > > > > http://www.siliconvalley.com/mld/siliconvalley/4158862.htm
> > > > >
> > > > > Thu Sep 26, 9:39 PM ET
> > > > >
> > > > > NEW YORK (Reuters) - Apple Computer Inc. Chief Executive Steven Jobs
> > > > > not only has the dubious distinction of having his company's board
> > > > > named as one of the worst, but he is also a director of Gap Inc. ,
> > > > > another company that made the same list. The two companies are among
> > > > > eight listed in the Oct. 7 issue of BusinessWeek as having the worst
> > > > > boards of directors.
> > > > >
> > > >
> > > > Is this any surprise?
> > > >
> > > > Jobs is vastly overpaid.
> > >
> > > Isn't his pay one dollar a year? :)
> >
> > Yes.
> >
> > But his total compensation is the highest of any CEO, according to the
> > articles posted here.
> >
> > Salary isn't everything.
>
> :)
I just read the figures.
Bonus: $43 million.
With that kind of bonus, who needs a monthly paycheck?
Sandman
Flip <fli...@mac.com> wrote:
> > > > > > http://www.siliconvalley.com/mld/siliconvalley/4158862.htm
> > > > > >
> > > > > > Thu Sep 26, 9:39 PM ET
> > > > > >
> > > > > > NEW YORK (Reuters) - Apple Computer Inc. Chief Executive Steven Jobs
> > > > > > not only has the dubious distinction of having his company's board
> > > > > > named as one of the worst, but he is also a director of Gap Inc. ,
> > > > > > another company that made the same list. The two companies are among
> > > > > > eight listed in the Oct. 7 issue of BusinessWeek as having the worst
> > > > > > boards of directors.
> > > > > >
> > > > >
> > > > > Is this any surprise?
> > > > >
> > > > > Jobs is vastly overpaid.
> > > >
> > > > Isn't his pay one dollar a year? :)
> > >
> > > Yes.
> > >
> > > But his total compensation is the highest of any CEO, according to the
> > > articles posted here.
> > >
> > > Salary isn't everything.
> >
> > :)
>
> I just read the figures.
>
> Bonus: $43 million.
>
> With that kind of bonus, who needs a monthly paycheck?
No one. And then I agree, he is overpaid. :)
--
Sandman[.net]