Not CEO Tim Cook But This Woman Was The Highest Paid Employee Of Apple For 2017

highest salary of Apple 2018

Meet Angela Ahrendts, she is the senior vice president of retail and online stores at Apple Inc. She is the highest paid employee of the company in the year 2017.

According to the reports published by the company, the 57-year-old tech executive, took almost $24.2 million in 2017, which is converted to Indian currency is equivalent to approximately Rs 154.09 crore.

It is almost double of what Tim Cook used to make. Cook earned $12.8 million (£9 million), in Indian currency it is equal to Rs 81.5 crore. But this does not include a share award received by Tim Cook in 2011, the value of which is close to £66.4 million (INR equivalent= Rs 572.58 crore).

Ahrendts at Apple.Inc is managing the real estate development, strategy and operations of Apple’s online store, physical stores and contact centers. For which she received this much amount from Apple Inc. which exceeded that of CEO Tim Cook.

Take a look at the screenshot extracted from Apple Inc.’s Proxy Statement 2018 that gives details of salaries paid to its top employees:

Other than Tim Cook & Angela Ahrendts, some other well-paid executives of the company are Luca Maestri, Johny Srouji, Dan Riccio & Bruce Sewell. You can go to page no. 41 of this report for more detailed information.

As we can see in the screenshot above, it is very interesting to note that Ahrendts has fetched more money than Tim Cook from Apple.Inc ever since 2014, Before Angela joined Apple.Inc, she used to work for Burberry, a luxury fashion brand as director and CEO.