Samsung Mobile's CEO received a $5.8-million salary in 2013, Apple's Tim Cook "just" $4.25 million
Apparently, J. K. Shin, the current CEO and President of Samsung Mobile, received a $5.8-million paycheck back in 2013, the South Korean company revealed. This puts him well above Tim Cook, the CEO of Samsung's biggest rival – Apple. Cook's compensation for last year was roughly $4.25 million, a little more compared with his $4.17-million salary for 2012.
Some other high-ranking Samsung executives, such as Vice chairman Kwon Oh-hyun and co-CEO B. K. Yoon, are well-paid, too – in 2013, they received roughly $6.35 and $4.77 million, respectively.
These is the first time Samsung discloses such information after the regulations in South Korea got changed several months ago. The Korean companies with executives that receive more than $469,500 (500 million won) annually are now required to detail information about their paychecks in the business filings and their financial reports.