Apple is the most valuable publicly traded company in the world, but when it comes to CEO pay, Tim Cook is conspicuously absent on the latest list of top 200 paid CEOs in the US.
Based on a study ran by the New York Times, the average compensation among top executives in 2015 actually dropped 15% in 2015 down to a cool $19.3 million if you work at a company that brings in at least $1 billion in annual revenue. Cook has made much more than that in the past, but this year he didn’t even make cut.
The calculation is salary this year plus stock awards this year. But it’s stock awards in the year they are announced, not stock awards in the year they vest. Thus Cook’s $400 million in RSUs a couple of years back are not being counted. But the 5 year stock award to the Expedia chief this year is.