SEC Filing Reveals Apple Executives' Earnings for 2015 [Chart]
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Posted January 7, 2016 at 4:13am by iClarified
A new SEC filing reveals the 2015 earnings of Apple CEO Tim Cook and other company executives.
Cook's compensation for the year reached $10,281,327, up from $9,222,638 in 2014. That number includes a $2,000,000 salary, $8,000,000 in Non-Equity Incentive Plan Compensation, and $281,327 in other compensation. Cook has not received an equity award since 2011.
Here's the compensation for other Apple executives as revealed in the filing: ● $25,779,229 - Angela Ahrendts, Senior Vice President, Retail and Online Stores ● $25,337,977 - Luca Maestri, Senior Vice President, Chief Financial Officer ● $25,052,241 - Eddy Cue, Senior Vice President, Internet Software and Services ● $25,017,626 - Dan Riccio, Senior Vice President, Hardware Engineering ● $25,017,626 - Bruce Sewell, Senior Vice President, General Counsel and Secretary
Here's a breakdown of the RSU shares previously granted to named executive officers that vested during 2015. No options were exercised by the named executive officers during 2015.
@PaulieP - you have a point but, if the company is doing well, and they are breaking records of sales, just recently the Apps Store sold a record $1.1 billion this holidays, then all these leaders are doing something right....don't you think?
Yeah, they are doing great thanks to Steve jobs and they are riding that train like crazy. Apple has some great employees but there are certain leaders who can easily be replaced and don't deserve that much as a salary. Apple is doing great today because of the people and the products, not the current leaders. Just my opinion
No matter how much money I make or my neighbor makes, you have every right to ask the question in your own head "does he deserve that much compensation" ... But you do *not* have the right to actually assess or contest another American taxpayer's earnings.
.. and I doubt very seriously that you have ever seen any of my other posts .. I am always respectful and tactful on here.. and have never gone to the point of name-calling as you have here ...