Apple CEO Cook Gets $9.22 Million in Pay as Stock Reaches Record
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Apple Inc. Chief Executive Officer Tim Cook received compensation valued at $9.22 million last year, more than double his pay in 2013, as optimism for new products pushed the iPhone maker’s stock to a record.
The company also said Mickey Drexler, CEO and chairman of J. Crew Group Inc., will retire from Apple’s board, where he’s served as a director since 1999. A replacement wasn’t named.