Saturday, January 24, 2015

Apple Paid Tim Cook $9.2 Million Last Year


Ever wonder how much one makes as the head of Apple?

Good news! Since Apple is a public company, that’s public information. They updated their charts for last year just this morning.
Ever wonder how much one makes as the head of Apple?

Here’s how it all broke down 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 doesn’t factor in any net worth gained on Apple stock each exec 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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