In an article entitled “ROE v. Paid: Which CEOs Earn Their Keep,” The Street.com’s Stephen Schurr takes a look at whether or not the compensation received by corporate executives is in line with the company’s performance. In the story, Schurr quotes Catherine Daily, a professor at Indiana University’s Kelley School of Business, as saying “By the way, Apple founder Steve Jobs tops the executive compensation list for 2002. His take: US$89,887,282. For what it’s worth, his company’s five-year average ROE is 15% even. Apple’s ROE for 2002 is a 1.62%. The stock was off 34.6% for the year.
