Tim Cook September 2015 The Daily Show with Stephen Colbert image 002

Ever wonder how much it pays to be the CEO of one of the world’s largest companies? About $10 million. On Wednesday, Apple submitted a new SEC filing showing that Tim Cook’s total compensation for fiscal 2015 was $10,281,327.

Broken down, Cook received $2 million in base salary, $8 million in non-equity compensation, and $280K in “other” compensation. Note that this doesn’t include the $50+ million in awarded Apple stock that vested for Cook this year.

Additionally, Apple’s compensation committee felt that Cook’s performance in 2015 (where the company recorded $233.7 billion in sales) was good enough to earn a raise. In 2016, he’ll receive a $1 million annual salary increase to $3 million.

As for others on the executive team, CFO Luca Maestri, lead council Bruce Sewell, Dan Riccio and Eddy Cue all earned more than $25 million during 215. Notably, SVP Angela Ahrendts made the most this year—$25,779,229 in total compensation.

As usual, Apple did not mention Jony Ive in the SEC filing, keeping his compensation a total mystery.

Source: SEC

  • A’s Network

    Compared to Steve jobs who had a $1 salary…

    • Dany Quirion

      Yep but had millions in bonuses

    • Matt

      Don’t make Jobs seem like an angel. He was anything BUT an angel.

      • A’s Network

        By no means is Jobs an angel but I was just trying to say is Cook and Jobs had a completely different salary structure.

      • Ultimate Bumbaclot

        Not at all

    • And is there even a single picture of him in bling or photographing stacks of cash like some r etarded celebs do on Instagram these days??

      • iPhoneWINS

        He is not working in entertainment so there is no need for him too do that

      • Ultimate Bumbaclot

        Except he’s not a rapper/singer where most of his salary is based on his physical appearance. Also those “retards” make even more than $10 mil a year so even more a reason to take a pic of their Ferrari or jewelry

  • InfinitePlusOne

    can I have 1%?

    • mrgerbik

      .01% even

  • nonchalont

    That’s awesome! Good job Tim!

  • Mr.Coolfreak

    That’s seems pretty low tbh

    • TechnoBuff

      On paper it looks low especially when compared to hedge fund compensation , but there is no mention of stock options,sometimes they get some other compensations that are not directly mentioned

    • Melvco

      yes as the post states, this number does not include vested and non-vested stock shares.

  • You should make an article about Netflix arriving world wide!!

    • Morgan Freeman

      Prior to this… y u no VPN?

      • I used to have VPN. But now it’s world wide so I don’t need it

  • the hood

    in comparison, I’m so poor I can’t even afford to pay attention. 🙂

  • QP

    thought more…

  • johnsm

    that laugh is GAY

    • iPhoneWINS

      I think you are supposed to accept it as normal now..