Apple’s Tim Cook Is Highest Earning CEO

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Apple CEO Tim Cook. (Image: Valery Marchive (LeMagIT), via Wikimedia Commons / CC)

Apple CEO Tim Cook is the highest earning chief executive in the US after receiving more than $1 million daily for helming the company last year.

The Wall Street Journal published a list of highest earning CEOs in the US, which shows Cook sitting on his perch atop counterparts.

The report says he earned $378 million in 2011 from a combination of salary and stock, but mostly from the latter as he has approximately three million shares in Apple and a 90-cent annual salary.

The WSJ noted that Cook’s figure is the highest it has come across since following the highest earning CEOs from six years back.

Oracle CEO Larry Ellison comes at second place with annual earnings of $72 million, most of which also come from his $60 million stock options followed by a hefty $13 million bonus last year; however, Ellison holds an estimated $29 billion worth of shares in Oracle.

The top five is rounded out by (in proper order) CBS CEO Leslie Moonves, J.C. Penney CEO Ron Johnson and Motorola Mobility CEO Sanjay Jha, the latter of which replaced by Google with Dennis Woodside as part of its acquisition.

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Francis Rey Balolong

A coffee junkie who spends most of his time writing about the latest news on social media and mobile technology. I would definitely consider myself a nerd (in the coolest most hipster way possible). That being said, I love technology, music, writing, and all things mobile. Follow me: Google+ Twitter

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