Apple SEC Filing: Cook earns $98.7 million a year

Although his salary has remained unchanged over the past three years, Apple CEO Tim Cook's total compensation has increased significantly in 2021 compared to previous years.

According to SEC filing Thursday, Cook earned $98.7 million last year, including stock rewards totaling more than $82 million, other forms of compensation and his $3 million salary. According to the document, in 2020, Cook received a total of $14.7 million, which does not include any stock awards. In 2019, his compensation totaled $11.5 million, which also did not include stock rewards.

Jeremy C. Owens, editor of MarketWatch Technology, noted in a tweet: "Apple's median employee salary is less than $70,000. Cook was paid 1447 times that amount. "

Cook was named CEO of Apple in 2011, following co-founder Steve Jobs. Over the past 10 years, Cook has expanded Apple's product line, introducing products such as the Apple Watch, AirPods and more models of the iPhone. He also pushed the company to expand its range of services, such as Apple TV Plus and Apple Fitness Plus.

Earlier this week, apple became the world's first $3 trillion company after its stock price reached $182.86 per share. From this perspective, that's more than AT&T, Boeing, Coca-Cola, Comcast, Disney, Exxon, Ford, Goldman Sachs, IBM, McDonald's, Morgan Stanley, Netflix, Nike, and Walmart combined. In a little over three years since Apple became a trillion-dollar company, this milestone occurred.

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