If you've been wondering how much Tim Cook makes as Apple CEO, then you'll find this bit of information interesting.
Apple CEO earned $9.2m in 2014
Fortunately, being a public company, the firm is quite open about how much the Apple boss and other top executives earn, with Cook bagging a whooping $9.2 million.
Last week, the company updated its charts, and below is a list of who earned what in 2014:
- Tim Cook took in $9.2 million in 2014 — $1.7 million of that as salary, $6.7 million as non-equity compensation (that is, money he makes based on how the company performs). That's over double what he made in 2013, which was roughly $4.2 million.
- Newcomer Angela Ahrendts, hired away from Burberry to lead Apple's retail strategy, earned $73 million. The very vast majority of that ($70 million) was in stock.
- CFO Peter Oppenheimer earned $4.5 million before retiring in September. This was about double his 2013 compensation.
- Oppenheimer's replacement, Luca Maestri, earned $14 million — about $13 million of which was stock and bonuses.
- iTunes/App Store/Apple Pay/Siri/Apple Maps/iCloud-boss Eddy Cue earned $24. million, $20 million of which was stock. This is about 12x his 2013 compensation.
- Supply chain head (SVP of Operations) Jeff Williams earned $24 million, $20 million of which was stock.
This does not factor in any net worth gained on Apple stock each executive already owned — and given that Apple stock did nothing but climb in 2014, that's likely a huge chunk of cash in its own right.
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