Tim Cook earned $10.3 million in fiscal 2015 as Apple's CEO

Ever wonder how much it pays to be the CEO of one of the world’s largest companies? About $10 million. On Wednesday, Apple submitted a new SEC filing showing that Tim Cook’s total compensation for fiscal 2015 was $10,281,327.

Breaking it down, it means that Cook ultimately earned $1 million more than he did last year. Specifically, Cook saw his salary of $2 million, other compensation of $280,000, and non-equity incentive compensation of $8 million in 2015.

Some other key elements include Apple’s retail chief, Angela Ahrendts, seeing compensation of $25.8 million in 2015, down from the $73 million she earned –including hiring bonuses and stock awards– in 2014. Eddy Cue earned more than $25 million in 2015, and a tidy sum in investments, as well.

Overall, Apple saw $233.7 billion in sales for the fiscal year, another record breaker for the company, which is a 28 percent increase year-over-year. Apple will go over numbers more in detail later this month, on January 26, when it will hold another quarterly earnings call.

Source: SEC


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