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.

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Advertisement

Related Stories

Popular Mobile Brands
  1. These Samsung Phones Will Get Price Drops Ahead of Festive Season
  2. Amazon Great Indian Festival Sale 2025: Check Early Deals on Tablets
  3. Amazon Sale 2025: Check Top Deals on These iQOO Smartphones
  4. Xiaomi Announces Offers on These Products Ahead of Amazon, Flipkart Sales
  5. iQOO 15 Design Leak Reveals Colour-Changing Panel: See Benchmark Scores
  6. Samsung Galaxy S24 Ultra Deal Revealed Ahead of Amazon GIF Sale
  7. Nothing Ear 3 With 'Super Mic' Feature, Up to 45dB ANC Launched: See Price
  8. DJI Mini 5 Pro With 1-Inch Camera Sensor Launched at This Price
  1. iPhone 17 Series, iPhone Air, Apple Watch Series 11, AirPods Pro (3rd Generation) and More Go on Sale in India: See Price
  2. Astronomers Reveal Sudden Explosion of Small Asteroid Over France
  3. Rare ‘Crescent Sunrise’ Solar Eclipse to Grace Skies Over Antarctica and New Zealand
  4. Sun Shows Signs of Rising Activity Following Decades of Weakening, Study Finds
  5. IMAP Space Weather Mission to Lift Off Soon, NASA Confirms Broadcast Plans
  6. Microsoft's Xbox Full-Screen Experience Leaks on Other Windows Handhelds Ahead of ROG Xbox Ally Debut
  7. Cellecor Comet CBS-05 Pro Bluetooth Speaker Launched in India: Price, Features
  8. Samsung Galaxy S24 Ultra, Galaxy S24 FE, Galaxy A55 5G and More to Go on Sale With Discounts During Festive Season
  9. Coinbase Urges US DOJ Action as SEC Mulls Dropping Lawsuit Against Crypto Exchange
  10. Vivo V60 Lite 4G Design, Specifications Leaked; Tipped to Launch With Snapdragon 685 SoC, 6,500mAh Battery
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2025. All rights reserved.