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. Samsung Galaxy S26+ Reportedly Listed for Sale Online Ahead of Launch
  2. AI Impact Summit: From Registration to Schedule, All You Need to Know
  3. Apple to Reportedly Launch Low-Cost MacBook in 'Playful Colors' in March
  4. Lava Bold N2 Will Be Launched in India on This Date: See Expected Specs
  5. Tecno Spark 50 4G Launch Timeline, Design, Colourways, Key Features Leaked
  6. Oppo Find X10 Series Could Debut This Year With This iPhone-Like Feature
  7. Samsung's 'Wide' Galaxy Z Fold Design Spotted in Leaked One UI 9 Animations
  1. Apple Tipped to Adopt Samsung's Privacy Display Technology for MacBook Models by 2029
  2. Oppo Find X10 Series Tipped to Launch in H2 2026 With Built-In Magnets for Wireless Charging
  3. AMD and TCS to Co-Develop Helios AI Data Centre Architecture, Deliver 200MW Data Centre Blueprint
  4. Tecno Spark 50 4G Tipped to Launch Globally Soon; Design, Colourways, Key Features Leaked
  5. Lava Bold N2 India Launch Date Revealed; Will Be Exclusively Available via Amazon
  6. Government Green Lights Rs. 10,000 Crore Fund of Funds 2.0 Under the Startup India Mission
  7. Samsung’s 'Wide' Galaxy Z Fold Design Revealed via Leaked One UI 9 Animations
  8. Realme P4 Lite India Launch Date Announced; Design, Colour Options, Key Features Revealed
  9. Kingdom Come: Deliverance's Free Next-Gen Update on PS5, Xbox Series S/X Is Now Out
  10. Vivo X300 FE Reportedly Bags IMDA and TUV Certifications; Charging Specifications Revealed Ahead of Launch
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.