A proxy statement filed by Apple on Thursday revealed precisely how a lot one can earn after ten years of operating the world’s most dear and most worthwhile firm, and for Tim Cook, that quantity is $98.7 million. While his base wage stayed at $3 million, an extra $12 million in incentives, $82 million value of inventory awards, and the cash spent to cowl objects like safety and personal flights — since 2017, Apple doesn’t let its CEO fly business — nudged your entire factor nearer to the $100 million mark.

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That’s greater than six occasions his 2020 pay of $14 million, and as famous by MacRumors, and doesn’t embody greater than $750 million in shares that vested this yr as the ultimate a part of a ten-year bundle Cook acquired when he took over the corporate. The phrases of that bundle modified in 2013 when inventory efficiency slipped, which Apple says occurred at Cook’s request, placing among the grant in danger if didn’t return sufficient cash to shareholders. And as we famous whereas recapping a decade of Apple beneath the management of Tim Cook, everyone knows what occurred subsequent.

In August, after we wrote that decade recap, Apple was nonetheless approaching a $2.5 trillion market cap, and within the time since, it has crossed $3 trillion (irrespective of how briefly). It hasn’t all been pleased occasions, nonetheless. Over the final couple of years, Apple workers have opened up like by no means earlier than about points with its inner tradition together with the push to return to the workplace and pay transparency, amongst many different issues.

A submitting like this, in fact, is clear by nature for Cook in addition to different members of the board of administrators and govt group. Apple notes in its personal doc that after placing collectively “base salary, bonuses, commissions, and grant date fair value of equity awards granted to employees in 2021 as our consistently applied compensation measure” to search out the pay of its median worker, they acquired $68,254, making a compensation ratio of 1,447 to 1.