Wednesday, January 26, 2022
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Apple CEO Tim Cook earned over $98M last year, a huge bump from $14M in 2020

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In spite of his salary remaining the identical around the final a few many years, Apple CEO Tim Cook’s complete payment noticed a substantial bump in 2021 compared to earlier yrs. 

When accounting for stock awards, which totaled about $82 million, other types of compensation and his $3 million wage, Prepare dinner acquired $98.7 million previous yr, in accordance to a Securities and Trade Commission submitting from Apple on Thursday. In 2020, Prepare dinner attained a total of $14.7 million, which failed to include things like any stock awards, in accordance to the filing. In 2019, his overall compensation was $11.5 million, which also did not consist of stock awards. 

MarketWatch tech editor Jeremy C. Owens pointed out in a tweet that, “Apple’s median staff will make fewer than $70k. Cook’s compensation is 1,447x that amount.”

Cook was named Apple’s CEO in 2011, pursuing corporation co-founder Steve Jobs. Above the final 10 decades, Prepare dinner has expanded Apple’s lineup with products like the Apple Enjoy, AirPods and more types of the Iphone. He is also pushed the corporation to broaden its offerings with expert services like Apple Television Additionally and Apple Health Moreover.

Previously this 7 days, Apple grew to become the world’s very first $3 trillion enterprise after Apple inventory strike $182.86 for every share. To put that into viewpoint, that is far more than the worth of AT&T, Boeing, Coca-Cola, Comcast, Disney, Exxon, Ford, Goldman Sachs, IBM, McDonald’s, Morgan Stanley, Netflix, Nike and Walmart blended. The milestone arrives just a minimal in excess of three years following Apple turned a trillion-dollar organization.

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