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Apple CEO Tim Cook Earns $14 Million In FY 2020, Up 28%; Co. Ads Longtime Newspaper Editor Monica Lozano To Board

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deadline.com
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Apple CEO Tim Cook earned $14.8 million in fiscal 2020, up 28% from the year earlier as the company beat its financial targets despite a global pandemic.The chief executive’s package included a $3 million base salary and $10.7 million in non-equity incentive plan compensation, according to a proxy statement filed Tuesday with the SEC.

Other compensation was about $1 million. He earned $11.5 million the previous year.The CEO to average employee pay ratio, which companies are all required to disclose, was 256 to 1.CFO Luca Maestri’s package of $26.2 million – up from $25.2 million the year before — included more than $21 million in stock awards.

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