As you would imagine, the man at the helm of Apple isn’t struggling to make ends meet, but these latest figures can really make one green with envy.
Tim Cook, Apple CEO, makes a fair penny. This from CNN:
Cook’s pay more than doubled last year to $9.2 million, according to a regulatory filing. His salary rose by a quarter to $1.75 million, and his bonus doubled to $6.7 million. Cook also cashed out vacation time he never took, for a total of $56,923. And he received nearly $700,000 in security expenses.
Not bad, not bad at all. But you see folks, that isn’t the half of it. Apple has been quite generous with their stock, meaning Cook’s salary is but a drop in the ocean. These nauseating numbers from CNN again:
Cook’s pay package was valued at $378 million when he became Apple’s CEO. But shares have risen so sharply over the past three years (mostly in 2014) that his stock awards are now worth $681 million — an 80% increase.
That will do just fine thank you very much. I’m going to say well played Tim Cook, and beat a hasty retreat before I turn nasty.
For the full breakdown of just how much moola the big dogs at Apple are making click HERE.
[source:cnn]
