Apple CEO Tim Cook, who took over the company after Steve Jobs merely 18 months ago, has been named as the highest paid CEO in America by CNBC (via Cult Of Mac).

The report notes that Tim Cook tops the list of highest-paid CEOs in America with an average annual compensation of around $95 million, followed by Oracle’s Larry Ellison ($70 million) and JC Penney’s Ron Johnson ($53 million). Interestingly, both were closely related to the Cupertino company. Ellison was a friend of Steve Jobs while Johnson was Apple’s vice president of retail for eight years before he joined JC Penney.

Below is the CNBC’s list of highest-paid CEOs and the average annual compensation they’ve received:

1. Tim Cook (Apple) — $95 million
2. Larry Ellison (Oracle) — $70 million
3. Ron Johnson (JC Penney) — $53 million
4. Leslie Moonves (CBS Corporation) — $52 million
5. Richard Adkerson (Freeport-McMoRan Copper & Gold) — $49 million
6. Philippe Dauman (Viacom) — $43 million
7. John Hammergren (McKesson Corporation) — $42 million
8. Aubrey McClendon (Chesapeake Energy) — $39 million
9. James Gallogly (James Gallogly) — $35 million
10. David Simon (Simon Property Group — $35 million
11. Robert Iger (Walt Disney) — $33 million
12. Rex Tillerson (Exxon Mobil Corporation) — $30 million
13. Michael Jeffries (Abercrombie & Fitch) — $29 million
14. Rupert Murdoch (News. Corp) — $28 million
15. Louis Camilleri (Philip Morris International) — $28 million
16. David Zaslav (Discovery Communications) — $27 million
17. Brian Roberts (Comcast Corporation) — $27 million
18. Miles White (Abbott Laboratories) — $27 million
19. Ralph Lauren (Ralph Lauren Corporation) — $27 million
20. Kieran Gallahue (CareFusion Corporation) — $25 million
21. David Cote (Honeywell International) — $25 million