Mike Peterson
Apple CEO Tim Cook came in second in a ranking of the highest paid U.S. CEOs in 2019, behind only Tesla's Elon Musk.
The Apple chief executive earned annual compensation totaling $133.7 million in 2019. Cook's base salary that year was $3 million, with $7.7 million in bonuses, $884,000 in perks, and the remaining $122.2 million coming from stock awards.
According to Bloomberg 2019 Pay Index, Cook ranks in second behind Tesla CEO Elon Musk in a list of the highest paid U.S. CEOs.
Musk earned $595.3 million in 2019, about four times higher than Cook. According to Bloomberg, that's primarily because of the pay deal he scored a few years before.
In third place was Tom Rutledge, CEO of Charter Communications, with annual compensation of $116.9 million. Other tech CEOs on the list include Alphabet and Google executive Sundar Pichai, with $86 million in earnings, and Microsoft CEO Satya Nadella with $76 million.
Cook is well-known for his philanthropic tendencies. In 2019, it was reported that he gave away $5 million of owned company stock to an unidentified charity. That comes several years after Cook said he would donate the majority of his wealth to charitable causes in a "systematic approach" to philanthropy.
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21 Comments
#5
🐶+🐱=💲
No wonder my Charter internet bill is so high.
Does anyone know if this is actual vested stock or new grants that have yet to vest? (And what the vesting schedule is)
Gotta love it. A $3 million base salary. And it doesn’t even begin to accurately depict Tim’s true compensation.