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Apple’s Tim Cook Earned $10.3M in 2015, But Angela Ahrendts’ Was the Big Winner

Apple’s Tim Cook Earned $10.3M in 2015, But Angela Ahrendts’ Was the Big Winner

Apple’s annual proxy statement has been filed, and as always, it includes the compensation figures for Apple’s upper level executives. The filing reveals the company’s CEO, Tim Cook, received $10.3 million in cash and stock in 2015, while SVP of retail Angela Ahrendts was the big winner for the year, with $25.8 million in compensation.

Apple's Tim Cook Earned $10.3M in 2015, But Angela Ahrendts' Was the Big Winner

Cook’s figures are up a bit from 2014, when he received $9.2 million in cash and stock. Cook’s 2015 salary included a bump to $2 million, according to the statement. Cook also currently owns $57.7 million in stock and restricted stock units, which are currently worth about $479 million.

Ahrendts’ $25.8 million in compensation, which included $1 million base salary, $20 million in stock, $4 million stock incentive and relocation expenses in the amount of $474,981, lead all executives reported. She may have to cut back on necessities like caviar and Bentleys a bit though, as that figure is actually down form her 2014 compensation figure of $73.4 million, which included a huge stock award to lure her away from Burberry.

Apple’s other high-ranking executives won’t be standing in line at the soup kitchen any time soon either, as CFO Luca Maestri took home $25.3 million, SVP of Internet Software and Services Eddy Cue took home $25.1 million, and SVP of Hardware Engineering Dan Riccio and Apple General Counsel Bruce Sewell were both paid $25 million each.

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