World

Apple CEO Tim Cook's salary doubles in 2014

January 25, 2015 03:24 PM
Apple CEO Tim Cook got a hefty cash bonus that brought his total compensation to $9.2 million last year. That's more than double what he received the previous year, as the company enjoyed a surge in sales and profit fueled by the popularity of its new, over-sized iPhone 6 models.

A regulatory filing on January 22 showed Cook's pay for fiscal 2014 included $1.7 million in salary and $6.7 million in incentive pay awarded by Apple's board.
Apple's CEO collected less than the company's four other top officers. Senior Vice President Angela Ahrendts received $73 million, mostly in stock grants, in her first year after leaving luxury goods maker Burberry, where she was CEO.

The Associated Press calculates total compensation by counting salary, bonuses, perks, stock and options awarded during the year.

 
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