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Apple executives collectively “increased their wages†at the end of the year, and the cash rewards of the five core executives rose by more than 74%.
Apple sells well, the boss takes much. Since iPhone sales resumed growth this year, Apple executives collectively “rising†at the end of the year. The cash rewards of the five core executives rose by more than 74%, and CEO Cooke’s total revenue exceeded 100 million.
On December 28, according to an Apple company document disclosed by the Securities and Exchange Commission (SEC), Apple CEO Cook received a total of 12.8 million U.S. dollars, including 3.06 million U.S. dollars, as of September 30. The base salary of US$ and the cash bonus of US$9.33 million, together with the $89.2 million in equity awards it received in August, Cook’s total revenue this year was nearly US$102 million.
â–³ Apple CEO Cook Photo Source Getty Images
Compared to the total income of 8.75 million U.S. dollars in 2016, Cook himself this year’s “harvest†is enough to be a good harvest. The same document also shows that the board of directors has asked Cook to "use private flying aircraft in all business and personal travel" since this year to ensure his safety. The document shows that Cook's use of private jets in 2017 costs $93,109.
However, if you do not count huge bonuses, Cook's salary is only the final seat in a crowd of senior executives, the remaining five Apple executives are paid more than 24 million US dollars, and cash awards from the FY16 of 1.79 million US dollars The collective rose to 3.1 million US dollars, an increase of 74%. The highest is Angela Ahrendts, the senior vice president responsible for Apple Store's retail business. He is worth about 24.612 million US dollars. The former high-end luxury brand Burberry's CEO is also Apple's highest paid employee.
â–³ Apple senior vice president Angela Ahrendts, picture source Buzzfeed
Johny Srouji, senior vice president of hardware in 2015, followed closely behind with $24.16 million. Srouji, who first appeared in the list, drew attention and the reasons are self-evident. In the past two years, Apple has made frequent efforts in chip R&D. In April of this year, Apple announced that it would abandon all technologies of GPU vendor Imagination within 15 months to 2 years. Srouji is the person behind the scenes responsible for Apple's first self-developed A4 processor chip for iPad and iPhone 4 .
â–³ Johny Srouji, senior vice president of Apple's hardware division, source of the picture Apple's official website
As the SEC stipulates, publicly disclosed incentive targets and amounts of listed companies need to include the CEO, CFO, and at least three high-paying company executives. Srouji has clearly been elevated in the past year. Bloomberg calls it the “most important Apple executives who have never heard of it."
In fiscal year 2017, Apple’s net sales revenue reached US$229.2 billion, and its share price increased by 36.7%. Market research agency HIS report said that iPhone X sales in the fourth quarter could reach 31 million, which will drive Apple's quarterly profit to hit a record high. Despite allegations of deliberate downswings that triggered public anger, Apple is undoubtedly the dominant force in the scientific and technological community.
(Reporter: Shen Yushan)
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