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Apple paid CEO Tim Cook $10.3 million in 2015

Apple Chief Executive Officer Tim Cook speaks during a event for students to learn to write computer code at the Apple store in the Manhattan borough of New York December 9, 2015.     REUTERS/Carlo Allegri

(Reuters) – Apple Inc Chief Executive Tim Cook’s compensation rose 11.5 percent to $10.3 million in 2015, a year when the company had a rocky ride due to fears of slowing shipments of its new iPhone models.

Cook’s base pay increased about 14.4 percent to $2 million last year, while non-equity incentive compensation rose about 19 percent to $8 million, according to a regulatory filing.

Chief Financial Officer Luca Maestri’s annual compensation rose about 81 percent to $25.3 million in 2015.

Apple had a good year for the most part under Cook, with its iPhone 6S and 6S Plus setting weekend records read more >>>

Source : BusinessInsider.Com