Apple today made a new filing with the SEC in which it revealed the earnings of its top executives during 2015. In the filing it was revealed that CEO Tim Cook earned roughly $10.2 million during the 2015 year, which is a slight increase from the $9.2 million he earned in 2014. Cook’s salary was $1.7 million in 2015. Cook also has nearly 3.1 million Apple shares that have yet to vest, which at the end of 2015, were worth roughly $350 million.
As for the other executives, they all earned around $25 million during 2015, including $20 million in new stock awards. CFO Luca Maestri earned $25.3 million, up from $14 million in 2014, while retail chief Angela Ahrendts earned $25.7 million, down from $73.4 million in 2014. Eddy Cue, SVP of hardware engineering Dan Riccio, and SVP general counsel and secretary Bruce Sewell all brought in $25.1 million each. These numbers do not include restricted stock units that vested in 2015. All executives, aside from Cook, received a $1 million salary in 2014.
Apple, as usual, did not disclose the compensation for chief design officer Jony Ive.
Apple is set to share its Q1 2016 earnings on January 26th, which should offer more insight into the company’s performance throughout 2015. Today’s filing revealed the company generated $233.7 billion in sales during 2015, a 28 percent increase over 2014.
FTC: We use income earning auto affiliate links. More.