Apple's Cook top-paid US CEO in 2011: Report

Advertisement
By Agence France-Presse | Updated: 5 June 2012 11:18 IST
Highlights
  • Apple's Tim Cook topped the list of the best-paid CEOs in the US in 2011, while Oracle's Larry Ellison came second.
Apple chief executive Tim Cook topped the list of the best-paid CEOs in the US in 2011 thanks to stock options that put him more than $300 million above his next rival, a Wall Street Journal survey showed Monday.

Cook, who took the helm of the iPhone and iPad maker in August last year, two months before the death of founder Steve Jobs, clocked in total compensation of $378 million.

Cook earned $900,000 for his annual salary and $900,000 for his annual incentives.

But he scooped up a cool $376 million in restricted stock grants, based on Apple's stock price at the time.

Another Silicon Valley big gun, the head of Oracle, Larry Ellison, came in second place with less than a fifth of Cook's pay, at $76 million.

The study, conducted by Hay Group for the Journal covered the 300 largest US public companies by revenue.

Television broadcaster CBS head Leslie Moonves was in number-three position at $69 million, followed by the chief executive of struggling retailer JCPenney, Ronald Johnson, who pulled in $53 million.

Motorola Mobility chief Sanjay Jha was ranked fifth, at $47 million.

The remainder of the top 10, in descending order, were the CEOs of Citigroup, Viacom, Motorola Solutions, Walt Disney, and Ford Motor, whose Alan Mulally earned $29 million.

Apple's Cook could see his compensation climb further into the stratosphere this year. Apple shares have leaped 29 percent in the year to date, and on Monday were up 5.5 percent in late New York trade.

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Advertisement

Related Stories

Popular Mobile Brands
  1. OnePlus 16 vs iQOO 16: Price and Specifications Compared
  2. Best Phones With Telephoto Cameras Under Rs. 40,000
  3. Oppo F35 Pro 5G Review: An 8,000mAh Battery and a Lot to Like
  4. Samsung Galaxy S26 FE Review: Near-Flagship Specs, But at What Cost?
  5. Samsung Galaxy F70 5G With a 5,000mAh Battery Goes on Sale in India
  1. Samsung Galaxy F70 5G With 5,000mAh Battery, 50-Megapixel Camera Goes on Sale in India: Price, Offers
  2. Apple ‘Pro and Tell’ Event Set for Next Week; First MacBook With Touchscreen, New iPad Mini and More Expected to Launch
  3. Cysic Shuts Down Bridge After Attacker Illegally Creates 10 Million CYS Tokens
  4. JPM Coin Arrives on Ethereum as JPMorgan Expands Institutional Payments
  5. Vivo V80 FE Reportedly Spotted on BIS Certification Website, India Launch Seems Imminent
  6. Airtel’s New Recharges in India Announced: Rs. 185, Rs. 203 and Rs. 206 Voice-Only Plans Details
  7. Vivo X500 Ultra Leak Reveals Launch Timeline, Chipset, Display and Key Specifications
  8. iQOO Neo 12 Launch Date Announced; Design, Colour Options Teased
  9. Qubic Halts Chain as Attacker Exploits Weak Seeds to Drain 1,400 Wallets
  10. iPhone Duo Battery Capacity Revealed Days Before Foldable Goes on Sale
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.