Tim Cook just passed Steve Jobs as Apple's longest-serving CEO, taking the company to a four trillion dollar valuation. His actual salary, however, doesn't crack the top tier for American execs. His compensation sits around 74.6 million dollars.
That sum means he makes an average worker's yearly pay in roughly seven hours. Yet he earns less than other tech giants like Microsoft's Satya Nadella. The highest paid CEO, Axon's Rick Smith, pulls in over 164 million.
Cook's pay is still tied to massive performance. Apple's value exploded by nearly fourteen thousand percent during his tenure. Recent quarterly revenue hit a record 124 billion dollars. He also took a forty percent pay cut recently to avoid company layoffs.
That sum means he makes an average worker's yearly pay in roughly seven hours. Yet he earns less than other tech giants like Microsoft's Satya Nadella. The highest paid CEO, Axon's Rick Smith, pulls in over 164 million.
Cook's pay is still tied to massive performance. Apple's value exploded by nearly fourteen thousand percent during his tenure. Recent quarterly revenue hit a record 124 billion dollars. He also took a forty percent pay cut recently to avoid company layoffs.
