Apple’s annual proxy statement has been filed, and as always, it includes the compensation figures for Apple’s upper level executives. The filing reveals the company’s CEO, Tim Cook, received $10.3 million in cash and stock in 2015, while SVP of retail Angela Ahrendts was the big winner for the year, with $25.8 million in compensation.
Cook’s figures are up a bit from 2014, when he received $9.2 million in cash and stock. Cook’s 2015 salary included a bump to $2 million, according to the statement. Cook also currently owns $57.7 million in stock and restricted stock units, which are currently worth about $479 million.
Ahrendts’ $25.8 million in compensation, which included $1 million base salary, $20 million in stock, $4 million stock incentive and relocation expenses in the amount of $474,981, lead all executives reported. She may have to cut back on necessities like caviar and Bentleys a bit though, as that figure is actually down form her 2014 compensation figure of $73.4 million, which included a huge stock award to lure her away from Burberry.
Apple’s other high-ranking executives won’t be standing in line at the soup kitchen any time soon either, as CFO Luca Maestri took home $25.3 million, SVP of Internet Software and Services Eddy Cue took home $25.1 million, and SVP of Hardware Engineering Dan Riccio and Apple General Counsel Bruce Sewell were both paid $25 million each.
