Apple CEO Tim Cook earned $10.3M in 2015, Angela Ahrendts highest paid exec

By AppleInsider Staff

Executive salaries are among the tastier tidbits in Apple's annual proxy statement, and this year's filing revealed CEO Tim Cook to have received $10.3M in cash and stock for 2015, while SVP of retail Angela Ahrendts was paid $25.8 million.

Cook's compensation is actually up from 2014, when the Apple chief was paid $9.2 million in salary and stock incentives. For 2015, Cook's salary was bumped to $2 million, according to Apple's 2016 proxy statement.

In addition to his yearly wages, Cook currently owns $57.7 million in stock and restricted stock units currently worth about $479 million. The performance-based RSUs are set to vest in incremental installments from August 2015 to August 2021.

Ahrendts led all reporting Apple executives with a $1 million base salary, $20 million in stock, $4 million stock incentive and relocation expenses in the amount of $474,981, among other considerations. The final tally is down from Ahrendts' massive 2014 compensation of $73.4 million, paid out to woo her away from Burberry.

Apple's other reporting execs each earned $1 million in base salary and $20 million in stock awards. CFO Luca Maestri took home $25.3 million, SVP of Internet Software and Services Eddy Cue netted$25.1 million, while SVP of Hardware Engineering Dan Riccio and General Counsel Bruce Sewell were paid an identical $25 million.