After Jobs: Apple’s Cook gets $380M in compensation

USA TODAY:  Apple’s Tim Cook was rewarded handsomely for taking over as CEO for the late Steve Jobs, with a compensation package valued at nearly $380 million.

The amount — disclosed by Apple in a Monday proxy statement — is likely to be among the most lucrative 2011 compensation packages awarded to a chief executive…

Cook’s compensation included $900,000 in salary, $900,000 in incentive pay and 1 million shares of Apple (AAPL) valued at $376.2 million at the time they were issued…  (more)

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