Apple CEO Tim Cook’s salary revealed
The CEO received more than $133 million in compensation last year.
Bloomberg recently released a list of the highest-paid CEOs for the last year. The list revealed that the CEO of Apple, Tim Cook, received more than $133 million in compensation last year.
It includes $3 million in salary, a $7.7 million bonus, $122.2 million in stock awards, and more than $884 million in benefits. The total placed Cook second among the well-paid executives.
Topping the list with total 2019 compensation amounting to $595.3 million was Tesla’s CEO, Elon Musk.
Part of the $122.2 million in stock awards that Cook received last year was related to a huge grant of one million shares that he received in 2011. The grant was part of a package offered to the CEO shortly after he replaced the co-founder of Apple, Steve Jobs, for the second and final time.
During the first time, in 2009, Jobs was taking a leave of action. He returned a few months later, only to step down for good in August 2011. The company’s board of directors needed to show stability in the wake of Jobs’ resignation, so they awarded Cook the stock, which was valued at $383 million at the time.
How much other Apple Executives made last year
|Name||Post||Earnings in the US dollar|
|Luca Maestri||Senior Vice President and Chief Financial Officer||$25.2 million including stock award|
|Kate Adams||Senior Vice President, General Counsel and Secretary||$25.2 million including stock award|
|Deirdre O’Brien||Senior Vice President-Retail||$19.2 million including stock award|
|Jeff Williams||Chief Operating Officer||$25.2 million including stock award)|
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