Apple CEO Tim Cook receives $4.25 million in 2013 compensation

Posted Dec 28, 2013

Apple CEO Tim Cook has received $4.25 million in 2013 for heading the company. In a preliminary proxy statement, it was revealed that Apple’s top executives received around $2.6 million each. This is a small fraction of what Apple receives from total sales.

Cook’s compensation includes a base salary of $1.4 million, $53,000 in benefits, and a $2.8 million bonus.

Cook did not receive much of a difference in compensation from last year. He made $4.2 million in 2012, which is a 99% reduction from 2011.

[Source: CNET]