Apple CEO Tim Cook received nearly $ 100 million in compensation in 2021, nearly seven times the compensation in 2020, according to the company’s latest information to the US Securities and Exchange Commission (SEC), such as broadcast by foreign agencies.
Specifically, Cook received $ 3 million in salaries, $ 12 million in non-equity compensation, $ 1.4 million in other compensation and $ 82.3 million in restricted stock units as part of the benefits plan for the company’s executives.
That sum does not include the $ 750 million in shares held by Cook last year, the latest in a stake in the huge program he was given as chief executive by company founder Steve Jobs in 2011.
“For 2021 the total annual compensation of the CEO was $ 98,734,394, while in 2021 the total annual compensation of the average employee was $ 68,254,” Apple said in a statement to regulators. “The ratio of these amounts is 1,447 to 1,” the company added. of companies compared to the salaries of their employees.
Cook’s total compensation last year was about $ 15 million.
As for the remuneration of other executives, Apple data showed that it was close to $ 27 million for the year 2021.
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Source From: Capital
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