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7th January 2016, 19:37 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
Posts: 153,514
| Tim Cook earned $10.3 million in 2015 As shareholders saw Apple’s value plummet in 2015, they will no doubt be relieved to see that the company’s CEO, Tim Cook earned $10.3 million for his efforts. As far as Apple is concerned, Cook did extremely well during a trying time. Despite not having a product that was noticeably different from previous years, having its “game changing” tablet disappear, entry into the wearable and television market being a disaster and leaning on a smartphone when no one wanted them any more, Cook made the company profits rise by 35 percent. This meant that his money rose 11.5 percent to $10.3 million in 2015. The company shares fell for the first time since 2008 and are now below $100 each. To be fair Cook was the lowest-paid of the company’s top executives. Chief Financial Officer Luca Maestri’s annual compensation rose about 81 percent to $25.3 million in 2015. Angela Ahrendts, the senior vice president for retail and online stores, was the highest paid, with a total pay package of $25.8 million http://www.techeye.net/mobile/tim-co...illion-in-2015 |
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