Apple Inc. is one of the rich technology companies in the United States. The market cap of Apple Inc. is more than US$2T and billions of dollar in cash-reserve. So, obviously their board of director (board member) have a good compensation/salary. Do you have a question; How much do Apple board members make? On an average, they earns $300K per year for serving as a board member in Apple Inc.
On the other hand, Apple Inc. CEO Tim Cook made a whooping $15 million (2018) before the pandemic. This earning doesn’t include stock options which is a whooping $121 million. Let’s find out more information on Apple Board of Directors Compensation.
Tim Cook, Apple Inc. CEO
Mr. Tim Cook (CEO of Apple Inc.) made a whooping $15.68 million as a total compensation, including cash salary. Let’s breakdown his salary and compensation: Cash Salary $15,000,000, equity awards US$0, and other compensation $682,219.
James Bell – Former CFO and Executive VP of Boeing
How much do board of directors get paid in Apple Inc.? The former CFO of Boeing Mr. James Bell made a total $362,665, including cash salary ($100,000), equity awards $249,961, and other compensation $12,704.
Al Gore – 45th VP of the United States
Who is on Apple’s board of directors? Al Gore is on board of Apple Inc. He made a whooping $358,543 for serving as a board member in Apple Inc. The compensation includes total cash salary $100,000, equity awards US$249,961, and other compensation $8,582.
Bob Iger – Former Chief Executive Officer of The Walt Disney Company
Apple board of directors salaries are good and handsome. This board member earned a compensation i.e. $377,881, including cash compensation $125,000, equity US$249,961, and other compensation $2,920.
Andrea Jung – President and Chief Executive Officer of Grameen America
This board member in Apple Inc. made $403,106 as a total compensation and salary. This compensation includes a cash salary of $130,000, equity US$249,961, and other compensation $23,145.
Art Levinson – Chief Executive Officer of Calico
How much do Apple senior directors make? Mr. Levinson made a whooping $567,188 as the board member and Chairman of Apple Inc. Board. The compensation and salary includes cash salary $300,000, equity US$249,961, and other compensation $17,227.
Ron Sugar – Former Chief Executive Officer of Northrop Grumman Corp.
Mr. Sugar made $409,461 as a total compensation and salary for serving in the company. This includes a cash salary of $135,000, equity US$249,961, and other compensation $24,500.
Sue Wagner – Former Vice Chairman of BlackRock
This board member of Apple made $353,181 as a total compensation/salary. This includes total cash $100,000, equity US$249,961, and other compensation $3,220.
Source: SEC Filing (Annual Proxy Statement by Apple)