Apple CEO Tim Cook pulled in a total of $9.2M during Apple’s fiscal 2014, over double his 2013 earnings, according to numbers in Apple’s just released proxy statement. The filing details executive compensation and new board member nominations, among other items of business, ahead of Apple’s upcoming annual shareholders meeting.
According to the report, Apple CEO Time Cook made a total of $9.2 million during the year including $1.7 million in salary and the rest in additional forms of compensation. Cook comes in behind new retail chief Angela Ahrendts with $73 million, which includes $400K salary, a $500k bonus, and the rest in stock and other forms of compensation that she picked up when joining the company.
Other executives listed include Senior Vice President of Internet Software and Services Eddy Cue and Senior Vice President of Operations Jeff Williams who both made a total of $24 million during Apple’s fiscal 2014 after stock awards and additional compensation beyond salaries. For Cue and Williams, that’s a big increase from the roughly $2.6 million total both made in 2013 and mostly comes from stock awards and additional compensation in addition to relatively minor salary bumps.
Apple’s former CFO Peter Oppenheimer made $4.5 million total, including stocks, as he exited the company and current CFO Luca Maestri made $14 million including stock awards.
Apple is also making changes to its board as it nominates new members to be voted on at its upcoming annual shareholders meeting scheduled for March 10.
Apple’s Q1 2015 earnings call will take place on January 27 to report earnings for the three months ending in December of last year. Apple’s fiscal 2014 year ended September 27.
