
Come to think of it, being the CEO of Palm isn’t such a bad idea. Take for instance Palm’s new CEO Jon Rubinstein. He has been offered a salary of $850,000 and shares which would amount to almost $1 million. When the Palm Pre isn’t such a great idea, the company seems to be spending a lot on its CEO, but quite understandably.
It was Rubinstein who saved Palm from being devoured by itself. Moreover, Palm has been facing severe competition from iPhone though Palm is definitely superior.
While the world is reeling under recession, the CEOs of the big companies seem to be having the last laugh while they steer each company deftly. Their efforts need to be acknowledged and I guess that is what is being done to Jon Rubenstein. It would be interesting to know what he would do with all the money. Fly to Monaco and gamble?
Via: Engadget
Posted by Carlos on June 13, 2009 in Best Finds of the Day, Business, Market Trends · 0 Comment