toggle

AAPL Stock: 121.3 ( -1.07 )

Subscribe to this page now.

SEC: Apple reveals Cook's 2014 pay, Drexler retires from Apple board

01/22, 8:00pm

J. Crew Group CEO will retire from Apple's board after 16 years

In a new filing with the SEC, Apple revealed on Thursday that CEO Tim Cook has been able to double his total compensation from that of last year, with the increase based largely on performance bonuses based on how well the company has done over the last year. In addition to $1.75 million in salary, Cook reaped $6.7 million in non-equity incentive compensation for his work. In addition, Apple disclosed in the filing that board member Millard "Mickey" Drexler will retire.

more

Apple now requires executives to hold 3x salary in stock [U]

02/28, 6:45pm

Change may have come from persuasion by Calpers

[Updated with details, stock grants for BoD] Despite recommending (and obtaining) a "no" vote on a similar measure, Apple has updated its bylaws and now requires executive officers to hold at least three times their annual salary in AAPL stock, reports the Wall Street Journal. The rule adopted by Apple has significant differences from the proposal put forth at Apple's annual shareholder meeting, but embraces the same principle -- that executives (and in this case non-executive directors as well) need to be personally invested in the companies they manage.

more

Apple execs net total of $26.6m for 2007

01/23, 11:30pm

Apple execs salary in 2007

Apple's executive officers have taken home a considerable sum during 2007, with salaries ranging from $500,000 to $700,000, and stock option grants equaling that of the individualís base salary. Despite his infamous $1 yearly salary, CEO Steve Jobs still holds the majority of company stock with 5.5 million shares, 5 million of which was a gift from the company in March 2003. Jobs also received a $43.5 million Gulfstream V jet as a bonus for outstanding performance from 1997 to 1999.

more

Advertisement

Connect with Us

FREE Apple, iPhone and Mac Newsletter

  • We will not share your email address with anyone.

    Follow us on Facebook

    toggle

    Most Popular

    Advertisement

    Recent Reviews

    HP 14-x030nr 14-inch Chromebook

    If you're like us, chances are you've come to realize that you need the ability to access the Internet on the go. Also, you've prob ...

    15-inch MacBook Pro with Force Touch

    Apple's 15-inch Retina MacBook Pro continues to be a popular notebook with professional users and prosumers looking for the ultimate ...

    Typo keyboard for iPad

    Following numerous legal shenanigans between Typo -- a company founded in part by Ryan Seacrest -- and the clear object of his physica ...

    toggle

    Most Commented