Apple’s highest-paid executive earns nearly twice as much as CEO Tim Cook
Salaries for high-ranking staff at the tech company can be staggeringly high, with one woman reportedly having earned more than the top boss every year since 2014
By Sam Shead
Angela Ahrendts, Apple’s senior vice-president of retail and online stores, is once again Apple’s best-paid employee.
The 57-year-old tech exec took home US$24.2 million in 2017, according to Apple company filings.
That is almost twice as much as CEO Tim Cook, who earned US$12.8 million. However, the filing does not include a share award that Cook received in 2011, which equates to about US$90 million.
The filings show that Ahrendts – who oversees strategy, real estate and development, and operations of Apple’s physical stores, online store, and contact centres – received a salary of US$1 million.
The was in addition to US$20 million in stock, US$3.1 million in performance pay, and US$88,000 in other compensation.
She has been paid more than Cook since she joined Apple in 2014 from luxury fashion brand Burberry, where she was director and CEO.
Other well-paid Apple executives include finance chief Luca Maestri, hardware presidents Johny Srouji and Dan Riccio, and general counsel Bruce Sewell.
This table shows how much they have been paid in the past three years.
