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CEO compensation continued to rise in 2011

By Todd Wallack

 |  Globe Staff  

  April 08, 2012

So far this year, the highest paid CEO is Apple Inc.’s Timothy Cook, who replaced cofounder Steve Jobs in August and earned $378 million in total compensation in 2011. Overall, pay for the top 100 highest paid CEOs at major companies rose 20 percent to more than $2 billion, from 2010 to 2011, largely because of outsized packages to Cook and a few other top executives , according to California compensation research firm Equilar Inc.

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