First, including the $165M from the sale of a hedge fund in his CEO compensation is misleading. He received this for a completely different reason than his tenure as CEO.
Second, if you are going to include Pandit's full compensation, you need to include the millions of Apple shares that Steve Jobs received for his tenure as Chairman of the Board at Apple:
Second, if you are going to include Pandit's full compensation, you need to include the millions of Apple shares that Steve Jobs received for his tenure as Chairman of the Board at Apple:
In 2003, The Board awarded Jobs 10M restricted shares of Apple, arguably a much larger compensation than what Pandit received: http://investor.apple.com/secfiling.cfm?filingID=1104659-07-...
He also received a Gulfstream Jet from the board, valued at something like $40M: http://news.cnet.com/2100-1040-235835.html