Bloomberg is out with its 2019 Shell out back Index that ranks the compensation of US executives. Even even though Apple’s CEO Tim Cook has a rather smaller sized salary, bonuses and considerable stock awards launched him to getting the 2nd-highest-paid out CEO correct following Tesla’s Elon Musk.
Bloomberg‘s specifics displays that Tesla’s CEO Elon Musk handily attained the most of any US government in 2019 thanks to answers vesting. That observed Musk make a sizeable $595.three million, far more than four instances the 2nd-highest earner.
That amount two area, held by Apple’s CEO Tim Cook dinner was acquired with an when-a-yr earnings of $133.seven million. We to commence with discovered about Cook’s 2019 compensation again in January as Apple created the information but today’s report from Bloomberg is an intriguing comparison versus all US CEOs.
Cook dinner took a fairly compact $three million earnings with $seven.seven million obtaining developed up from bonuses, and the huge $122.two million coming from stock awards. He also noticed $884K in gains for 2019.
Charter’s CEO, Tom Rutledge came in 3rd, not as nicely far powering Cook’s compensation at $116 million.
Cook dinner is acknowledged for his philanthropy, for instance, offering absent $2 million really worth of Apple shares to an undisclosed charity just really final calendar yr. But in the even larger picture, he types to systematically give away all of his prosperity.
For a appear at the total record of the best-compensated US CEOs, examine out the Bloomberg report in this article.
FTC: We use income earning motor vehicle affiliate inbound back links. Extra.