Business · Companies · 7 hrs ago

Tim Cook tops ranking of reported pay for departing CEOs at $950 million

Tim Cook tops ranking of reported pay for departing CEOs at $950 million

A study ranked five departing CEOs by their reported compensation over their time in office.

It puts Apple’s Tim Cook first, with about $950 million over 15 years, followed by Disney’s Bob Iger at $580 million and Activision Blizzard’s Bobby Kotick at $550 million.

AT&T’s Randall Stephenson and Netflix’s Reed Hastings round out the top five, with $340 million and $335 million respectively.

The figures include salary, bonuses and stock awards reported in company filings, and are estimates of cumulative pay rather than money paid when the executives left.

The ranking compares compensation across years in the job, while personal net worth estimates are listed separately and are not the same as pay.

Cook moved to executive chairman after leaving the Apple CEO role, while Iger and Hastings also took executive chairman roles; Kotick left Activision Blizzard after Microsoft’s acquisition closed, and Stephenson retired.

The figures show how reported CEO pay can build over long tenures, but no further steps are described.

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