Apple CEO Tim Cook Now the Eighth Highest-Paid Executive in the U.S.

Apple CEO Tim Cook has fallen to eighth place on a list of the highest-paid CEOs and executives in the United States last year despite earning more than the previous year, according to Bloomberg.

Cook was paid $265 million in 2020, mainly comprising stock awards and a bonus as in previous years, making him the eighth highest-paid executive in the United States. Last year, Cook was paid $133.7 million, but ranked second after Tesla CEO Elon Musk, who was paid $595.3 million.

In 2020, Cook was surpassed in terms of pay by the COO of Oak Street Health, the CEO of Palantir Technologies, the CEO of Opendoor Technologies, and the Co-CEOs of GoodRX Holdings. Elon Musk again overwhelmingly topped the list with compensation amounting to $6.658 billion.

Apple’s Senior Vice President of Retail and People Deirdre O’Brien and Senior Vice President and General Counsel Kate Adams also made the list in 93rd and 96th place, with pay of $45 million each. This makes O’Brien and Adams the fourth and fifth-highest paid women executives in the United States.