His pay jumped 47% to $12.8M, up from $8.7M in 2016.
According to a new shareholder proxy statement from Apple, the board of directors has approved that Cook will fly on private aircraft whenever he travels, be it for business or personal objective, Business Insider reported on Thursday.
JeM pays tributes to slain Noor Trali, 'guest militant'
Tantray alias Noor Trali was during a cordon and search operation in Samboora village of Pampore in Pulwama district, yesterday. After reviving the JeM in July, he lobbed a grenade on the cavalcade of state minister Naeem Akhtar in Tral this year.
Top US, Russian diplomats discuss need for urgent North Korea negotiations
Lavrov denounced "Washington's aggressive rhetoric" during a phone call with Tillerson, Reuters reported , citing the Russian foreign ministry.
Kulbhushan Jadhav case: Happy that family reunited, says kin
India had in May got a stay order from ICJ on the execution of death sentence awarded to Jadhav by a Pakistan military court. Details of the nature of evidence which link Jadhav to these attacks was not forthcoming from Aziz.
Apple's CEO also has about 2.9 million more unvested shares, worth more than $450 million, according to the SEC filing. Apple's other top executives also saw raises, each to the tune of roughly $1.3 million. The late Steve Jobs was gifted a Gulfstream V airplane by the Cupertino-based company which he co-founded "in recognition of his service to the company" more than a decade ago. Separately, his received a massive increase in his annual bonus, thanks to earnings rebound for the company.
However, Cook is also sitting on a pile of Apple stock.
Camera IconApple Chief Executive Tim Cook posed for a selfie with customers during the debut of the iPhone X at an Apple Store. Mr. Cook recognizes imputed taxable income and is not provided a tax reimbursement for personal use of private aircraft.
In addition, Apple expensed over $224,000 for incremental private costs for security for the CEO, says the proxy statement, including the hiring of personnel for the specific benefit of Cook. Including that amount, Cook's total pay for the year topped $100 million. He's still actually the lowest paid among his executive team, who all make around $24 million a year. In 2017, it was nearly identical, at $224,216, but included the addition of personal air travel expenses in the amount of $93,109.