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Apple CEO Tim Cook Earned $10.3M in Fiscal 2015, Up From $9.2M in 2014

(http://cdn.macrumors.com/article-new/2015/01/tim_cook_headshot_glasses-250x286.jpg)Apple CEO Tim Cook's compensation for fiscal 2015 was $10,281,327, according to a newly released SEC filing (http://www.sec.gov/Archives/edgar/data/320193/000119312516422528/d79474ddef14a.htm). That breaks down to a salary of $2 million, non-equity incentive compensation of $8 million, and other compensation of $280k. Cook earned approximately $1 million more than he did in fiscal 2014 (http://www.macrumors.com/2015/01/22/tim-cook-9-2-million-2014/), when he brought in $9.2 million.





Last year, with stock awards and hiring bonuses, Apple retail chief Angela Ahrendts earned $73 million, but in 2015, her compensation was $25.8 million, in line with other Apple executives, all of whom received $20 million in stock awards and $4 million in non-equity incentive compensation in addition to their $1 million salaries.





Senior executives Bruce Sewell, Dan Riccio, Eddy Cue, and Luca Maestri all earned more than $25 million in 2015, numbers that do not include restricted stock units that vested in 2015. Over the course of the year, Tim Cook received 560,000 shares of stock worth over $57 million, Angela Ahrendts received 391,634 shares worth $50 million. Eddy Cue, Dan Riccio, Bruce Sewell, and Luca Maestri also had shares worth between $11 million and $38 million vest.





<img src="(http://cdn.macrumors.com/article-new/2016/01/apple2015executivesalaries.jpg)" alt="apple2015executivesalaries" width="800" height="313" class="aligncenter size-full wp-image-481335" />


Under the guidance of Tim Cook, Apple had another record year, generating $233.7 billion in sales, an increase of 28 percent over 2014 and a new high for the company. Earnings per diluted share were at $9.22, up 43 percent from 2014. According to its October forecast, Apple expects to continue its record earnings streak into 2016, with projected revenue between $75.5 and $77.5 billion for the first quarter of 2016.





Apple will announce its earnings for the first fiscal quarter of 2015 on Tuesday, January 26 (http://www.macrumors.com/2016/01/04/apple-q1-2016-earnings-january-26/). MacRumors will provide live coverage of both the earnings release and the conference call.

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Source: Apple CEO Tim Cook Earned $10.3M in Fiscal 2015, Up From $9.2M in 2014 (http://www.macrumors.com/2016/01/06/apple-ceo-tim-cook-2015-salary/)