Mobility News
Apple’s Top 5 Highest-Paid Executives And Directors
Mark Haranas
Apple CEO Tim Cook saw his total compensation increase by over 500 percent annually in 2021. CRN breaks down Apple’s top five highest-paid executives in 2021 as well as the compensation for its board of directors.
Tim Cook’s Pay Grows 568 Percent
Apple CEO Tim Cook’s total compensation surged a massive 568 percent in 2021 compared with 2020, leading the company’s executive payroll by a wide margin.
“In 2021, we marked the 10th anniversary of Tim Cook’s leadership as CEO,” said Apple in a recent proxy filing with the U.S. Securities and Exchange Commission. “It has been a remarkable decade for Apple, and in 2021 Mr. Cook was granted an equity award for the first time since he was promoted to the CEO role in 2011.”
[Related link: These Are Apple’s Top 5 Highest-Paid Executives In 2020]
The Cupertino, Calif.-based iPhone and devices giant reported record sales of $365.8 billion in its fiscal year 2021, up a whopping 33 percent year over year. In the first day of trading in 2022, Apple briefly reached a historic $3 trillion market value, just 17 months after the company became a $2 trillion company.
CRN breaks down the top five highest-paid executives at Apple as well as a breakdown of compensation for Apple’s board of directors, which includes former U.S. Vice President Al Gore.
