Sci-tech

Apple CEO Tim Cook’s made $15 million past year

Apple CEO Tim Cook’s made $15 million past year”

Apple said that it will adjust the cash bonuses that its executives receive based on how their environmental footprint aligns with the company's values.

Cook's annual take-home amount has gone up compared to past year when he made $11.5 million.

Cook's salary was $3 million, with $10.7 million in non-equity compensation and $1 million in other compensation, including air travel and security. Tim Cook has been with the company for nearly 23 years already. A lot more specifically, that's up from the $11,555,466 he noticed in 2019.

Tim Cook, the chief executive officer of Apple Inc saw his overall pay package increase by 28 per cent to $14,769,259 in 2020, according to a regulatory filing. However, the money Cook received from Apple is not limited to this.

More news: IPhone 13 Pro duo could get 120Hz refresh rate display

Apple's top rated 5 executives' earned a combined $120 million final year - a 12% bump from 2019 - as the enterprise posted report earnings in spite of uncertainty all-around the COVID-19 pandemic.

Cook, who has had an interesting relationship with President Trump over the last four years, said the incident "marks a sad and shameful chapter" in the history of the United States.

Apple additionally famous that, for the primary time since Cook was promoted to the CEO position in 2011, his 2021 compensation features a long-term fairness award. In the SEC filing, Apple also revealed that Cook is set to get a long-term equity award in 2021. The company, which requires its CEO to use a private jet for security reasons, covers both vacation and business travel of Cook from the company's budget. "For the primary time in practically a decade, we're awarding Tim a brand new inventory grant that may vest over time in recognition of his excellent management and with nice optimism for Apple's future as he carries these efforts ahead", Apple's board of administrators stated in a press release.

Apple said that Cook earned 256 times as much as its median employee, who earned $57,783 in 2020.



Like this

loading...
loading...

Latest


09 January 2021
Cruise Lines Continue to Push Back Return-to-Sail Dates
Guests and their travel agents are being notified of the cancellations and options for Future Cruise Credits (FCCs) and rebooking. The company is part of Carnival Corporation.

09 January 2021
Joe Biden to appoint Merrick Garland as attorney general
Court of Appeals for the District of Columbia since 1997, where he gained a reputation as a thoughtful and moderate judge. US President-elect Joe Biden has nominated federal appeals court judge Merrick Garland as his attorney general.

09 January 2021
Watch `KGF Chapter Two` teaser: Yash and Sanjay Dutt lock horns
The team worked really hard and the success that Chapter 1 received was needless to say, a massive gratification in every way. Recently, the distributors of KGF: Chapter 1 , Excel Entertainments, shared a few BTS pictures from the sets of the film.

09 January 2021
New Zealand's rise to top began with calamity in South Africa
With New Zealand in trouble, Williamson was all patience as he took 70 deliveries to reach 20, but he then put the foot down. The Blackcaps, with 118 points, are 2 points ahead of Australia and 4 points ahead of India, who are at third place.

09 January 2021
What Is The B117 Strain? Questions Surround New COVID-19 Variant
The new, more contagious coronavirus strain first identified in the United Kingdom is now part of the Georgia case count. The county is now working to confirm four additional cases that are directly linked to other already confirmed cases.

09 January 2021
Pfizer's coronavirus vaccine appears effective against new UK, South Africa strains
Dormitzer noted another mutation found in the South African variant called the E484K, is also causing concern. In the first month of the year, our country will also receive the first 6,000 doses of the Moderna vaccine .

09 January 2021
People Travelling To Ireland Required To provide Negative Test
It comes as there were 17 additional deaths of people with coronavirus confirmed in the Irish Republic on Tuesday. Co-ordinating a test with takeoff presents another potential hurdle.

09 January 2021
World Health Organization team investigating COVID-19 origins denied entry to China
Scientists have long said it is essential to find out how the virus jumped species into humans. Tedros' and WHO's efforts to get a team in there".

09 January 2021
Dr. Dre Agrees to Pay Estranged Wife $2 Million in Spousal Support
He's reportedly in stable condition and awake but doctors are running tests to see the origin of the aneurysm and why it happened. As previously reported, four men attempted to burglarize his home while he was in the hospital.

09 January 2021
Did The Weeknd get plastic surgery? Check out his ‘creepy new look
The video for "Save Your Tears" sees the musician wearing the same red suit jacket worn at his last two public appearances. The tweet further explained that it is a diss to the Grammys as Abel also throws a trophy away in the video.