Apple CEO Tim Cook Won’t Receive Stock Rewards This Year

by Todd Haselton | December 27, 2012

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Apple CEO Tim Cook will take home $4.17 million in 2012, a far cry from the $378 million he made last year. Why is there such a big difference in the exec’s compensation? Cook won’t take home stock rewards this year, Bloomberg said.

Cook’s final compensation is a combination of $2.8 million in incentives and $1.36 million in salary, according to a regulatory filing spotted by Bloomberg. Cook’s big pay check last year included $376.2 million in stock rewards, but he’ll receive that final figure over a 10 year period.

In other words, he’s not exactly going hungry.

Bloomberg


Todd Haselton

Todd Haselton has been writing professionally since 2006 during his undergraduate days at Lehigh University. He started out as an intern with...