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

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

Ever marvel how so much it will pay to be the CEO of some of the global’s biggest firms? About $10 million. On Wednesday, Apple submitted a brand new SEC submitting appearing that Tim Cook’s overall repayment for fiscal 2015 used to be $10,281,327.

Breaking it down, it signifies that Cook in the end earned $1 million greater than he did ultimate yr. Specifically, Cook noticed his earnings of $2 million, different repayment of $280,000, and non-fairness incentive repayment of $8 million in 2015.

Some different key parts come with Apple’s retail leader, Angela Ahrendts, seeing repayment of $25.8 million in 2015, down from the $73 million she earned –together with hiring bonuses and inventory awards– in 2014. Eddy Cue earned greater than $25 million in 2015, and a tidy sum in investments, as smartly.

Overall, Apple noticed $233.7 billion in gross sales for the fiscal yr, any other report breaker for the corporate, that is a 28 % building up yr-over-yr. Apple will move over numbers extra in element later this month, on January 26, while it is going to grasp any other quarterly profits name.

Source: SEC

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