Apple CEO's compensation rises slightly to $4.3M

Dec 28, 2013

Apple CEO Timothy Cook received a compensation package valued at nearly $4.3 million this year, up slightly from 2012.

Cook's pay for fiscal 2013, which ended in September, consisted of $1.4 million in salary and a bonus of $2.8 million, according to a regulatory filing Friday. Cook's compensation also includes $52,721 in company contributions to his 401(k) account, life insurance premiums and a vacation cash-out.

The year's pay was relatively modest compared with 2011, when he took the company's helm. That year, Apple's board set him up with stock now worth $510 million.

Apple itself faced some challenges in the fiscal year. It closed with a nearly 25 percent decline in , or about $160 billion. Still, it remains the world's most valued company as measured by .

Explore further: Oracle CEO Ellison's pay drops 18 pct to $78.4M

not rated yet
add to favorites email to friend print save as pdf

Related Stories

Apple CEO gets modest 2012 pay after big 2011

Dec 27, 2012

Apple CEO Tim Cook got a relatively modest $4.2 million in pay for the latest fiscal year, after the company's board set him up with stock now worth $510 million for taking the reins in 2011.

Oracle CEO Ellison's pay drops 18 pct to $78.4M

Sep 21, 2013

The value of Oracle founder and CEO Larry Ellison's pay package dropped 18 percent in fiscal 2013, to $78.4 million, after the company missed its internal financial targets and he declined his annual cash bonus.

Apple CEO Tim Cook could top pay list in 2011

Jan 10, 2012

(AP) -- Tim Cook could well end up being the highest paid CEO in America in 2011, after Apple Inc. granted him a million restricted stock units last August for taking the reins shortly before co-founder Steve Jobs died.

Comcast CEO's 2010 pay package valued at $31.1M

Apr 01, 2011

(AP) -- Brian Roberts, the CEO of cable company Comcast Corp., received a compensation package valued at $31.1 million in 2010, up 14 percent from a year earlier as the company worked to complete a deal to become the majority ...

EBay CEO's 2012 compensation nearly doubles

Mar 18, 2013

EBay Inc. CEO John Donahoe's compensation nearly doubled to $29.7 million in 2012, a year that saw the e-commerce company's stock gain 68 percent thanks to growth in its namesake marketplaces business and PayPal.

Recommended for you

Alibaba makes Wall Street debut

Sep 19, 2014

Alibaba made its long-awaited Wall Street debut Friday on the heels of a record stock offering that opens the door to global expansion for the Chinese online retail giant.

Alibaba IPO to boost employee fortunes to $8 bn

Sep 19, 2014

Employees of Chinese e-commerce giant Alibaba will see their fortunes swell to nearly $8 billion as the company prepares a massive US stock offering that could be valued at $25 billion.

Alibaba mega IPO caps founder Jack Ma success tale

Sep 19, 2014

When Jack Ma founded Alibaba 15 years ago he insisted the e-commerce venture should see itself as competing against Silicon Valley, not other Chinese companies. That bold ambition from a time when China was ...

User comments : 0