With a paycheck of $5.8 Million, Samsung’s J.K. Shin beats Apple’s Tim Cook
In a post today, reuters reports that J.K. Shin who is Head of Samsung Electronics Co’s mobile business received a $5.8 million compensation package last year. This beats what their U.S. rival Apple Inc pay.
Samsung as the world’s biggest technology company by revenue, in the new disclosure rules said Shin’s pack included a base salary of 1.17 billion won and 1.6 billion won in incentives and performance bonus.
By comparison, Apple chief executive Tim Cook received $4.25 million in 2013, little changed from the previous year when he had been paid $4.17 million.
Shin leads Samsung’s mobile business. He has since overseen the launch of its flagship Galaxy handsets that helped it unseat Apple in the smartphone market and also sparked patent litigations the world over that claimed Samsung copied the look and feel of the U.S. firm’s iconic mobile products.