Apple CEO Tim Cook received $9.22m last year, more than double the pay package he received in 2013. Cook’s salary was increased by 43% in February 2014, rising to to $2m from the previous year’s $1.4m.
Cook’s base salary reportedly rose by over 14%, according to Apple’s filing with the Securities and Exchange Commission. The package included $6.7m in bonuses along with ‘other’ compensation of more than $774,000 in the past year.
Under the leadership of Cook, the company launched its first smartwatch and is also pushing its mobile payment technology Apple Pay.
Apple’s new retail head Angela Ahrendts earned $73m, which included a $1m salary and stock worth $70m, bumped up with an additional bonus of $1.6m and $500,000 hiring bonus.
According to reports the boosted sign-on package led to her earning the highest package amongst all Apple executives.
Apple’s former CFO Peter Oppenheimer made $4.5M prior to retirement in September, with the new CFO Luca Maestri made $14M.