Tim Cook earned $10.3 million in 2015 as Apple’s CEO

By , Jan 6, 2016

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

  • Share:
  • Follow:

  • 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..