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Upon being appointed CFO, he was issued 6,337 restricted stock units (currently worth approximately $4 million). Maestri's official salary is $1 million but he is eligible for Apple's performance-based cash bonus program which increases his salary. In 2014, he took in a salary of $14 million and in 2015, he took in a salary of $25.3 million. [10]
In 1994 Amelio joined the board of directors of Apple. After his resignation from National Semiconductor, Amelio became Apple CEO on February 2, 1996, succeeding Michael Spindler. His salary was a reported $990,000 plus bonuses and a $5 million loan. [6]
Since becoming CEO, Cook has also replaced Jobs's micromanagement with a more liberal style and implemented a collaborative culture at Apple. [ 5 ] : 314 [ 6 ] Since 2011 when he took over Apple, to 2020, Cook doubled the company's revenue and profit, and the company's market value increased from $348 billion to $1.9 trillion. [ 7 ]
Running the largest tech company in the world sure has its perks. While Apple (NAS: AAPL) co-founder Steve Jobs famously worked for just $1 per year, some may have assumed he was simply getting ...
As CFO of Apple, Parekh’s annual salary was increased to $1 million. Meanwhile, Maestri is now the VP of corporate services, which includes information systems and technology, information ...
Cook has been with Apple since he moved over from Compaq in 1998. He served as the company's COO before taking on the role of CEO in 2011. The chief executive has guided Apple through the years ...
This has received a wide range of criticism leveled against it. [4] The top CEO's compensation increased by 940.3% from 1978 to 2018 in the US. In 2018, the average CEO's compensation from the top 350 US firms was $17.2 million. The typical worker's annual compensation grew just 11.9% within the same period. [5]
John Sculley III (born April 6, 1939) is an American businessman, entrepreneur and investor in high-tech startups.Sculley was vice-president (1970–1977) and president of PepsiCo (1977–1983), until he became chief executive officer (CEO) of Apple Inc. on April 8, 1983, a position he held until leaving on October 15, 1993.