Apple CEO Tim Cook Could Top Pay List In 2011

Apple CEO Tim Cook highest paid salary
Apple CEO Tim Cook highest paid salary

By Ryan Nakashima


LOS ANGELES (AP) -- Tim Cook could well end up being the highest paid CEO in America in 2011, after Apple Inc. granted him a million restricted stock units last August for taking the reins shortly before co-founder Steve Jobs died.

An Associated Press review of a securities filing shows Cook's pay package was valued at $378 million. The vast majority came in a grant of a million restricted stock units worth $376 million at the time. Half of the stock units will vest in August 2016, the other half in August 2021.