How Much Apple’s Top Execs Made Last Year
Unsurprisingly, upper management gets paid a lot. Here’s the breakdown:
Tim Cook, CEO
Cook made $9,222,638 in 2014, more than double what he pulled in the year before. Cook wasn’t awarded any stock last year, but in 2011 he was awarded about $376 million in restricted stock units that will turn into shares he can sell over the next decade.
Luca Maestri, SVP and CFO
Luca Maestri joined Apple in 2013 and was promoted to CFO last year. He made over $14 million in 2014. His pay from 2012 and 2013 is omitted because he wasn’t an executive officer then.
Peter Oppenheimer, Former CFO
Peter Oppenheimer was Apple’s CFO before announcing last March that he would retire. Luca Maestri assumed Oppenheimer’s role last year. Oppenheimer made $4.5 million last year, a paltry sum compared with the nearly $68.6 million he pulled in in 2012.
Angela Ahrendts, SVP of Retail and Online stores
Angela Ahrendts made $73.3 million in 2014, most of it in Apple stock. Apple said Ahrendts’ stock package was based on her high salary and unvested equity at Burberry, where she was CEO before coming to Apple last May. Her pay from 2012 and 2013 is omitted because she wasn’t working for Apple then.
Eddy Cue, SVP of Internet Software and Services
Eddy Cue pulled in a neat $24.4 million in 2014, most of it from a $20 million stock award. Cue didn’t have any stock awards in 2013, but he was given $50 million in Apple shares in 2012.
Jeff Williams, SVP of Operations
Jeff Williams is Tim Cook’s right-hand man at Apple. Williams also received a $20 million stock award last year, bringing his total pay to about $24.4 million.