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CEO Tim Cook sees pay ebb along with Apple performance | Malay Mail

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SAN FRANCISCO, Jan 4 — Apple chief Tim Cook saw his annual pay slip to US$11.6 million (RM47.5 million) in 2019 after the company registered a weaker financial performance compared with the previous year, according to documents filed yesterday. Cook, who took home US$15.7 million in 2018, is paid...

Apple CEO Tim Cook, who took home US$15.7 million in 2018, is paid a base salary of US$3 million, in addition to a bonus and various compensations. — AFP pic

Cook, who took home US$15.7 million in 2018, is paid a base salary of US$3 million, in addition to a bonus and various compensations. That compared with US$12 million in 2018, based on the company exceeding its sales target by 100 per cent, the filing with the Securities and Exchange Commission said. “For security and efficiency reasons, the board requires Mr. Cook to use private aircraft for all business and personal travel,” the filing said.

 

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