by Apple Inc. is one of the largest tech companies in the world by market cap. Hence, their board of directors makes good money out of this company. The Chief Executive Officer (CEO) Apple Inc. Tim Cooks made US$15 million in 2018 which 283 times more than the median employee salary of Apple. This earning does not include US$121 million stock. Out of this $15 million, $3 millions is base salary, $12 million in incentives for performance goals, and $294,082 to pay for Cook’s private jet fare.
According to media reports, he has over 1.5 million Apple shares. This salary is based on performance and sales of Apple Inc. Let’s see current board of directors of Apple Inc. with their salary and other compensation.
Apple Board of Directors Salary, Benefits and Total Compensation in Fiscal Year Ended 2018
The following information is obtained from SEC official website about salary and other compensation. If you find any incorrect information or typo, please let us know, we will correct it.
Tim Cook, Chief Executive Officer
The CEO of Apple Inc. earned total cash $15,000,000, equity awards US$0, other compensation $682,219. In total compensation, Cook earned US$15,682,219 (US$15.68 million).
James Bell – Former CFO and Executive Vice President of Boeing
Bell earned US$362,665 as a total compensation including total cash $100,000, equity awards US$249,961, other compensation $12,704.
Al Gore – 45th Vice President of the United States
The 45th Vice President of the US Al Gore earned US$358,543 as a total compensation including total cash $100,000, equity awards US$249,961, and other compensation $8,582.
Bob Iger – Former CEO of The Walt Disney Company
Bob Iger who works as a board member of Apple Inc. earned US$377,881 as a total compensation including total cash $125,000, equity US$249,961, and other compensation $2,920.
Andrea Jung – President and CEO of Grameen America
Jung earned US$403,106 as a total compensation including total cash $130,000, equity US$249,961, and other compensation $23,145.
Art Levinson – CEO of Calico
The Chairman of Apple Inc. earned US$567,188 as a total compensation including total cash $300,000, equity US$249,961, and other compensation $17,227.
Ron Sugar – Former CEO of Northrop Grumman Corporation
The Former CEO of Northrop Grumman Corporation Mr. Ron Sugar who is serving as board member earned US$409,461 as a total compensation including total cash $135,000, equity US$249,961, and other compensation $24,500.
Sue Wagner – Former Vice Chairman of BlackRock
Former Vice-Chairman of BlackRock Sue Wagner earned US$353,181 as a total compensation including total cash $100,000, equity US$249,961, and other compensation $3,220.
Please note that, executive salary and total compensation information is obtained from Apple’s annual proxy statement to the SEC.
Related Article: Alphabet Board of Directors Compensation
Article last re-published on December 17, 2020.
