Apple CEO's 2013 total pay same as last year's US$4.25mil


  • Business
  • Saturday, 28 Dec 2013

Apple Inc. CEO Tim Cook talks to tech writer Walt Mossberg (R) during an Apple event in San Francisco, California October 22, 2013. REUTERS

SAN FRANCISCO: Apple Inc CEO Tim Cook earned roughly the same in 2013 as in 2012, but lost part of his performance-based stock award during a year in which intense competition and margin pressure bludgeoned the iPhone maker's stock.

Cook took home $4.25 million, including a base salary of $1.4 million and a performance bonus of $2.8 million, roughly on par with 2012, the company said in a preliminary proxy statement on Friday.

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