Apple CEO Tim Cook Earned $98.7M in Stock and Salary in 2021

Apple CEO Tim Cook's earnings totaled $98.7 million in base salary, stock, and other compensation, according to a statement that Apple filed with the SEC today.

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Cook earned a $3 million base salary, and he was provided with stock award of $82,347,835. This stock award is RSUs that will vest over time, and it includes $44.8 million in performance-based stock awards and $37.5 million in time-based stock awards. None of this stock has vested as of yet.

Cook also had more than 5 million shares vest in 2021, netting him a total of $754 million. Because these were granted in earlier years, the $754 million does not count as part of his 2021 compensation package.

In addition to the $3 million salary and $82 million stock grant, Cook received $12 million as non-equity incentive plan compensation and $1,386,559 in "Other" compensation. Other compensation includes a $23,077 vacation payout, $630,630 in security expenses, and $712,488 in personal air travel. Apple requires Cook to use a private airplane for security reasons.

In 2020, Cook earned a total of $14.8 million, not counting stock awards that vested during that time period. Cook's net worth has climbed to more than $1 billion since 2020, and it may soon exceed that based on the stock awards he's recently been provided with.

Other Apple executives such as Luca Maestri, Kate Adams, Jeff Williams, and Deirdre O'Brien received compensation ranging from $26 million to $27 million.

Top Rated Comments

aidler Avatar
18 months ago
Congratulations... well deserved... somehow I guess

You clearly work way more then 1.900 normal people combined and the huge responsibility you bear. I have no idea what it is, but I'm sure it is there. Each morning in your humongus closet you have to decide which suit to wear, and then the exausting long walk into your garage to again decide which supercar to use today. No normal human being has to bear such hardship.

So again.. well deserved?
Score: 22 Votes (Like | Disagree)
applicious84 Avatar
18 months ago
.
Score: 20 Votes (Like | Disagree)
steve333 Avatar
18 months ago
It isn't well deserved, it's outrageous, just like most CEO pay is. The fact that some think this is OK is pretty sickening
Score: 20 Votes (Like | Disagree)
8281 Avatar
18 months ago

I agree but I still think he is underpaid. Should earn more.

[MEDIA=twitter]1478076791537352705[/MEDIA]
“Only worth $1.5 billion.” This isn’t rich now?
Score: 16 Votes (Like | Disagree)
jz0309 Avatar
18 months ago

government should tax this guy
they do, he pays taxes on his regular income like anyone else, and when he cashes in on his stock, he pays taxes like everyone else.
Score: 16 Votes (Like | Disagree)
Scotticus Avatar
18 months ago
Ah yes, another dude getting paid more than god while his employees can barely make ends meet: https://www.theverge.com/c/22807871/apple-frontline-employees-retail-customer-service-pandemic
Score: 15 Votes (Like | Disagree)