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back to article Apple's head bean counter boasts WORLD'S BIGGEST PACKAGE

Apple's chief financial officer Peter Oppenheimer has been named the best paid corporate bean counter of 2012. According to data from Bloomberg News, the uber-accountant was paid $68.6 million; over an order of magnitude more than the piddling $4.17 million pocketed by his CEO, Tim Cook. Oracle's CFO Safra Catz edged into …

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Goodness gracious!

"Hey look I saved Apple $9M. Oh, Apple will need to spend more than that defending my doing that. Now give me $68.6M for doing that."

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Re: Goodness gracious!

$9B, not $9M

Them extra three zeroes make a lot of difference...

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JDX
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Re: Goodness gracious!

Um, it's 9 Billion not million.

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Anonymous Coward

Re: Goodness gracious!

shocker! apple basher gets facts wrong! more unsurprising news at 11.

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Anonymous Coward

Re: Goodness gracious!

Shock-Shocker! Anti-anti-apple post gets thumbs down vote! Up next: Bears in the woods....

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Anonymous Coward

I once found 8 million pounds

for amex while i worked as a tmp for them. It was in an italien account that had been forgotten, some kind of surplus had been trickling into for years and years... what did i get... "well done son" ... then after a couple of weeks i was not needed anymore as an internal transfer had filled my role.

oh how life would have been different if i had been born in california.

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Re: I once found 8 million pounds

No, you would still get zip, even if you were staff.

But you should be happy to know your bosses boss gave him self a bonus for being in charge of finding the money.

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Facepalm

Re: I once found 8 million pounds

or you was smart enough to move this forgotten accounts money into your orbit of control.

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This post has been deleted by its author

Facepalm

Re: I once found 8 million pounds

On 2nd thought it was probably Berlusconi's, hooker fund

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Well, I guess he did count more beans than other beancounters

The post is required, and must contain letters

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Coat

Time to get a new business card made up.

I'm CFO, rich.

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Pint

When you control the spreadsheet anything is possible!

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Ru
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Pint

Like bistromathics, but more profitable.

The name "Safra Catz" has a wonderfully H2G2 ring to it, too.

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Facepalm

Really?

I'm surprised that each of these people reported earnings above $1.00 !

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What on Earth is the point?

There is absolutely no way I can see that anybody is worth a pay package like that. The only reason to even want that much is the worst sort of greed and egomania.

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Re: What on Earth is the point?

Accounting is a really tedious, boring, and sucky job, and if they wanted me to do it, they'd have to pay me those sorts of numbers.

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JDX
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Re: What on Earth is the point?

If you are controlling sales worth billions, why shouldn't you be worth 1% of that?

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Re: What on Earth is the point?

Because it's all the underlings doing the actual 'work' ?

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Re: What on Earth is the point?

Its worse than that, Jim.

Has anyone else noticed that profitability used to be an indicator of economic productivity, but now its mostly an indicator of how well you can juggle various aspects of a report.

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Happy

Re: What on Earth is the point?

"Accounting is a really tedious, boring, and sucky job, and if they wanted me to do it, they'd have to pay me those sorts of numbers."

No. That's bookkeeping.

Accounting is where they take the numbers and make them disappear.

Think of it as "practical magic."

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FAIL

David Larcker

You're a tool.

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Its just a job...

How many people will this inspire and in how many will it engender despondancy?

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