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Paul's princely pay
In line with exec pay average…which went up 32 percent from previous year
Qualcomm's Paul Jacobs raked in $20.7 million in total compensation last year — 62nd among 200 chief executives of companies with capitalization of at least $1 billion filing proxies last year by May 30. The data, compiled by Equilar, were printed yesterday (June 8) in the New York Times.
Paul Jacobs's 2013 pay was about in line with the average of the 200 chief executives; that average was up a whopping 32 percent from the previous year.
On March 4 of this year, Steve Mollenkopf replaced Jacobs as chief executive of Qualcomm. Jacobs became executive chairman.