Apple CEO Tim Cook made $15 million in 2018

Apple CEO Tim Cook made $15 million in 2018

5 years ago
Anonymous $L9wC17otzH

https://www.cnet.com/news/apple-ceo-tim-cook-made-15-million-in-2018/

Cook earned a salary of $3 million and $12 million in cash incentives based on Apple hitting pre-determined goals. Other compensation included 401(k) contributions, life insurance payments and a vacation time buyout of $57,692. He also got $294,082 in personal travel expenses.

The filing comes a week after Apple warned investors that its fiscal first-quarter revenue would be weaker than previously expected. The announcement that the iPhone maker now sees sales of $84 billion, well below the range of $89 billion to $94 billion it had forecast in November, sent company shares down nearly 10 percent.