How Much Does Apple Pay Jony Ive?

Philip Elmer-DeWitt:

The salary of the man who has designed every Apple product from the iMac to the Apple Watch has never been disclosed to the SEC or the press. The last time he filed an SEC Form 4 — required whenever there’s a material change in an insider’s position — was July 2009.

According to Apple, Ive is exempt from SEC rules because he’s not what the commission calls a “Section 16” employee. Despite his title — chief design officer — the company does not classify him as a director or officer of the company.

I’ve long suspected Ive is the highest-paid employee in the company. That he might be better-compensated than even Tim Cook seems like the sort of thing Cook would have no issue with.

★ Thursday, 7 January 2016