April 25, 2024
SEC Filing Reveals Apple Executives' Earnings for 2015 [Chart]

SEC Filing Reveals Apple Executives' Earnings for 2015 [Chart]

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.

● Tim Cook - 560,000 shares - $57,747,200
● Angela Ahrendts - 391,634 shares - $50,688,315
● Eddy Cue - 350,000 shares - $38,121,500
● Dan Riccio - 223,125 shares - $28,864,781
● Luca Maestri - 91,776 shares - $11,076,681

Hit the link below for the full SEC filing...

Read More [via Seth]



SEC Filing Reveals Apple Executives' Earnings for 2015 [Chart]
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Comments (11)
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M!Do Space
M!Do Space - January 7, 2016 at 9:57am
What about Jony Ive?
Charlie Mix
Charlie Mix - January 7, 2016 at 12:39pm
They only listed the salaries for the executive officers for 2015. That list does not include Jony Ive.
PaulieP
PaulieP - January 7, 2016 at 5:41am
Why do they need that much? Greed or fair compensation?
digim0d
digim0d - January 7, 2016 at 7:35am
Who are you to question how much they need? This is America, not Europe .. each of us here are born with no limits to attainable success.
jburns
jburns - January 7, 2016 at 4:24pm
haha yea right...
SpawnTech
SpawnTech - January 8, 2016 at 1:56am
@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?
SpawnTech
SpawnTech - January 8, 2016 at 2:00am
So they get paid not for what they do but what they know....imo is a fair salary for how well they are doing as a company
PaulieP
PaulieP - January 8, 2016 at 6:44am
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
digim0d
digim0d - January 8, 2016 at 10:13am
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.
digim0d
digim0d - January 8, 2016 at 10:16am
.. 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 ...
High
High - January 7, 2016 at 5:04am
Eddy cue deserves half that for all the Shit services he put out in 2015.
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