“According to the filing, Apple CEO Tim Cook’s compensation totaled a mere $4,174,992,” Wauters reports. “It’s also worth noting that Cook’s base salary was actually increased from $900,000 last year to $1,400,000 in 2012. But, as Apple itself puts it: ‘Mr. Cook’s target cash compensation remains significantly below the median for CEOs of peer companies.’”
Wauters reports, “The base salaries for other senior Apple executives – CFO Peter Oppenheimer, SVP of Technologies Bob Mansfield, SVP and General Counsel Bruce Sewell and SVP of Operations Jeffrey Williams were increased to $800,000. Furthermore, this will increase to a base salary of $875,000 in 2013.”
Read more in the full article here.
MacDailyNews Take: Worth every penny and then some!
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