Apple CEO Tim Cook Now the Eighth Highest-Paid Executive in the U.S.

Apple CEO Tim Cook has fallen to eighth place on a list of the highest-paid CEOs and executives in the United States last year despite earning more than the previous year, according to Bloomberg.

Tim Cook Feature Yellow
Cook was paid $265 million in 2020, mainly comprising stock awards and a bonus as in previous years, making him the eighth highest-paid executive in the United States. Last year, Cook was paid compensation of $133.7 million, but ranked second after Tesla CEO Elon Musk, who was paid $595.3 million.

Cook has overseen Apple's rise to become the most profitable company in the world this year with revenue of $274.515 billion and profit of $57.411 billion, according to the Fortune Global 500 rankings.

In 2020, Cook was surpassed in terms of pay by the COO of Oak Street Health, the CEO of Palantir Technologies, the CEO of Opendoor Technologies, and the Co-CEOs of GoodRX Holdings. Elon Musk again overwhelmingly topped the list with compensation amounting to $6.658 billion.

Last month, it was alleged that Musk demanded to become the CEO of Apple as part of early discussions around a potential Apple acquisition of Tesla, though Musk denies this.

Apple's Senior Vice President of Retail and People Deirdre O'Brien and Senior Vice President and General Counsel Kate Adams also made the list in 93rd and 96th place, with pay of $45 million each. This makes O'Brien and Adams the fourth and fifth-highest paid women executives in the United States.

Top Rated Comments

AppleFan91 Avatar
11 months ago
Not attacking Cook, I think he’s a great leader.
That being said, something about his pay DOUBLING, yet he still falls down to 8th while the world is going through a pandemic just seems….wrong.

Seems like the top level guys, once again, saw their wealth increase exponentially while the rest of us struggled during the pandemic.
Score: 34 Votes (Like | Disagree)
Pafoofnik Avatar
11 months ago
Hmmmm... Now I think I know why I'm paying three grand for a laptop that'll be obsolete in two years.
Score: 24 Votes (Like | Disagree)
beanbaguk Avatar
11 months ago
And to top it off, he's managed it by "saving the world" by not including cables or chargers with our new phones! Genius!
Score: 22 Votes (Like | Disagree)
hugodrax Avatar
11 months ago
Whats interesting is CEOs in the 1950s never got paid so much of a difference to employees and you had a big thriving middle class, you did not need two earners to own a home and raise a family.

interesting the stark difference today where Gen-Z really have a **** future.
Score: 22 Votes (Like | Disagree)
TheYayAreaLiving ? Avatar
11 months ago
Well deserved Mr. Cook. I still think he’s under paid based on what he has done at Apple so far.
Score: 19 Votes (Like | Disagree)
neuropsychguy Avatar
11 months ago

Hmmmm... Now I think I know why I'm paying three grand for a laptop that'll be obsolete in two years.
Why don't you just buy an Apple laptop rather than whatever is going to be obsolete that quickly? ;)
Score: 19 Votes (Like | Disagree)

Related Stories

sun valley tim cook

Apple CEO Tim Cook Reportedly Attending Sun Valley Conference Known as 'Summer Camp for Billionaires'

Tuesday July 6, 2021 6:30 am PDT by
Apple CEO Tim Cook is attending the Sun Valley Conference in Sun Valley, Idaho this week alongside many high-profile guests, including Facebook CEO Mark Zuckerberg, according to NPR. Described as a "summer camp for billionaires," the annual media conference is hosted by private investment firm Allen & Company and allows media and tech moguls to negotiate deals in between leisure activities such...
tim cook apple park

Tim Cook Reportedly Attending the Oscars on Sunday

Friday March 25, 2022 7:55 am PDT by
Apple CEO Tim Cook will attend the 94th Academy Awards ceremony on Sunday as Apple TV+ is nominated for several Oscar awards, according to the former editor of The Hollywood Reporter and founding partner of Puck, Matthew Belloni. Cook's attendance at the event is due the fact that Apple is nominated for a total of six Oscar awards. The six nominations include best picture for the film...
tim cook toronto star

Tim Cook's Compensation Was Comparatively Modest Among Highest-Paid CEOs of 2020

Tuesday June 1, 2021 5:39 am PDT by
Apple CEO Tim Cook's 14 million dollar pay in 2020 was relatively modest, compared to other S&P 500 CEOs, according to the Wall Street Journal. In its annual ranking of CEO pay and compensation, the Wall Street Journal revealed that Tim Cook earned $14,769,259 last year, which is only slightly more than the median $13.4 million pay across the Standard and Poor's 500 (S&P 500) index. The Wall ...
tim cook apple park

Tim Cook Reveals He Owns Cryptocurrency and Has Been 'Interested in It For a While'

Tuesday November 9, 2021 7:32 am PST by
Apple CEO Tim Cook publicly for the first time today revealed that he has personally invested in cryptocurrency and that he's been interested in it "for a while." The comments came during Cook's appearance at The New York Times "DealBook" summit, where Cook was questioned on privacy, sideloading, and more. Answering whether he owns any cryptocurrency, Cook replied, "I do," adding that...
timcooktulane

Apple CEO Tim Cook Makes TIME's List of 100 Most Influential People of 2021

Wednesday September 15, 2021 10:20 am PDT by
Apple CEO Tim Cook is one of the 100 Most Influential People of 2021 according to TIME's newly published rankings. TIME shares an annual list highlighting world leaders, celebrities, tech company executives, authors, musicians, athletes, and more, and this is not the first time Cook has been celebrated. This year's list is broken up into categories that include Icons, Pioneers, Titans,...
dr

Apple Commemorates Dr. Martin Luther King, Jr. With Full-Page Website Tribute

Monday January 17, 2022 1:44 am PST by
Today marks Dr. Martin Luther King, Jr. day, a federal holiday in the United States that pays respect to and honors the civil rights movement leader. As it's done in the past, Apple is commemorating the day with a full-page tribute on its website. On its home page, Apple remembers the civil rights leader with a photo of King and one of his quotes: "I believe that we can transform dark...
Apple Logo Cash Feature Blue

Shareholders Advisory Group Doesn't Want Tim Cook to Get $99 Million Pay Package

Wednesday February 16, 2022 10:49 am PST by
Apple shareholders are being urged to vote against a planned $99 million compensation package for Apple CEO Tim Cook, reports Financial Times. Shareholder advisory group Institutional Shareholder Services (ISS) said on Wednesday that there is a "significant concern" with the stock Cook was awarded in 2021. Cook last year was awarded stock valued at $82 million, along with a $3 million salary ...
apple encircle provo location

Apple CEO Tim Cook to Attend Fundraising Dinner Benefiting LGBTQ+ Youth

Thursday September 23, 2021 12:25 pm PDT by
Apple CEO Tim Cook, Utah Jazz owners Ryan and Ashley Smith, and Imagine Dragons lead singer Dan Reynolds and his wife recording artist Aja Volkman are set to headline a fundraising dinner on October 13 that will benefit LGBTQ+ youth services non-profit Encircle. Encircle provides mental health services for LGBTQ+ youth and their families. Back in February, Encircle launched a "$8 Million, 8...

Popular Stories

apple ar headset concept 1

Apple's Headset Said to Feature 14 Cameras Enabling Lifelike Avatars, Jony Ive Has Remained Involved With Design

Friday May 20, 2022 6:50 am PDT by
Earlier this week, The Information's Wayne Ma outlined struggles that Apple has faced during the development of its long-rumored AR/VR headset. Now, in a follow-up report, he has shared several additional details about the wearable device. Apple headset render created by Ian Zelbo based on The Information reporting For starters, one of the headset's marquee features is said to be lifelike...
anker 563 dock ports

Anker's Latest USB-C Docking Station Brings Triple-Display Support to M1 Macs

Wednesday May 18, 2022 7:06 am PDT by
While Apple's early M1-based Macs can only officially support a single external display, there are ways around the limitation. Anker is launching a new 10-in-1 USB-C docking station today which delivers just that. The Anker 563 USB-C dock includes two HDMI ports and a DisplayPort port, and it leverages DisplayLink to carry multiple video signals over a single connection. Given that this hub...
apple data auction iphone privacy ad

Apple Highlights iPhone's Latest Privacy Features in New 'Data Auction' Ad

Wednesday May 18, 2022 9:00 am PDT by
Apple today shared a new ad highlighting iPhone privacy features like App Tracking Transparency and Mail Privacy Protection that are designed to give users more transparency and control when it comes to their personal data being collected. The ad revolves around a young woman named Ellie who discovers that her personal data is being sold at an auction house, with bids being placed on her...
Prosser Series 8 3

Apple Watch Series 8 Rumored to Feature New Design With Flat Display

Wednesday May 18, 2022 6:21 am PDT by
The Apple Watch Series 8 could feature an all-new design with a flat display, according to the leaker known as "ShrimpApplePro." In his latest video on the YouTube channel Front Page Tech, Jon Prosser highlighted information from ShrimpApplePro that suggests the Apple Watch Series 8 could feature a flat display in what seems to be a design originally rumored for the Apple Watch Series 7. ...
sony headphones 1

Sony's New WH-1000XM5 Headphones vs. Apple's AirPods Max

Friday May 20, 2022 12:18 pm PDT by
Sony this week came out with an updated version of its popular over-ear noise canceling headphones, so we picked up a pair to compare them to the AirPods Max to see which headphones are better and whether it's worth buying the $400 WH-1000XM5 from Sony over Apple's $549 AirPods Max. Subscribe to the MacRumors YouTube channel for more videos. First of all, the AirPods Max win out when it comes ...
iPhone 14 Purple Lineup Feature

Will the iPhone 14 Be a Disappointment?

Saturday May 21, 2022 9:00 am PDT by
With around four months to go before Apple is expected to unveil the iPhone 14 lineup, the overwhelming majority of rumors related to the new devices so far have focused on the iPhone 14 Pro, rather than the standard iPhone 14 – leading to questions about how different the iPhone 14 will actually be from its predecessor, the iPhone 13. The iPhone 14 Pro and iPhone 14 Pro Max are expected...
apple ar headset concept 2

Apple's AR/VR Headset Nearing Completion as Board Gets Demo

Thursday May 19, 2022 9:52 am PDT by
Apple last week demonstrated its upcoming AR/VR headset to Apple board members, indicating that the device is in an advanced stage of development and could see a debut in the not too distant future, reports Bloomberg. Apple has also ramped up development of the software that runs on the headset, with that software expected to be called "RealityOS," or rOS for short. Render via designer Ian ...