Apple CEO Tim Cook just cashed in the final part of his decade-old compensation package: 5,Watch How Young Sisters Share a Man Online040,000 Apple shares, worth roughly $750 million.
According to a SEC filing dated Tuesday, Apple withheld 2,653,560 shares for tax purposes, and Cook quickly sold the rest, meaning that he actually received around $355 million.
Cook received the compensation package in August 2011, when he took the helm of Apple. The amount of shares he would receive was tied to his performance, measured by the performance of Apple stock. And perform it did: Apple's stock price went from roughly $13.50 in August 2011 to its current price of $147.54, with Apple becoming the world's largest company, with a current market cap of $2.44 trillion.
It wasn't exactly an easy task, though: Cook replaced one of the greatest CEOs of all time, Steve Jobs, who died due to complications from pancreatic cancer. And while Cook's Apple was sometimes criticized for lacking the innovative drive that it had in the Jobs era, it's hard to argue against Cook's results in the market.
According to the BBC, last year Cook signed a new compensation package, which runs through 2026.
Cook was already a billionaire prior to this last payout, with a current net worth of about $1.5 billion, according to Bloomberg. Cook said in 2015 he plans to give away most of his wealth to charity.
Topics Apple
Meta continues its submission to Trump with new advisor on its board
Best home security deal: Save $120 on the Ecobee Total Security bundle
'Astro Bot' PS5 deal: Get the GOTY at an all
Cardinals vs. Rams 2024 livestream: How to watch NFL online
The State of PC Gaming in 2016
New iPhone 17 Pro rumor suggests changes are coming for the Dynamic Island
NYT mini crossword answers for December 28
Golden State Warriors vs. Los Angeles Clippers 2024 livestream: Watch NBA online
Amazon Fire TV Stick 4K deal: Get 40% off
Wordle today: The answer and hints for December 28
Stablecoin bill advances in U.S. Senate as Trump critics call to end his crypto dealings
OpenAI reveals how it will transform into a for
Today's Hurdle hints and answers for December 25
Falcons vs. Commanders 2024 livestream: How to watch NFL online
You won't see Elon Musk smoking weed in public again, NASA admin says
Bournemouth vs. Crystal Palace 2024 livestream: Watch Premier League for free
Get 40% off floor care at Target
NYT Connections Sports Edition hints and answers for December 26: Tips to solve Connections #94
Outdoor speaker deal: Save $20 on the Soundcore Boom 2
Indiana Pacers vs. Boston Celtics 2024 livestream: Watch live
Skipping the Debate in New OrleansNail professionals warn against TikTok trend of gel curing pressBest Xbox deal: Save $30.99 on the Xbox Elite Wireless Controller Series 2 Core at AmazonElements: Monoprints by Dan WalshTikTok is putting on its firstOne cheap gaming laptop. One pricey gaming laptop. Which one wins?One cheap gaming laptop. One pricey gaming laptop. Which one wins?Best Echo Show deal: Get the Amazon Echo Show 8 and smart color bulb for $69.99'Quordle' today: See each 'Quordle' answer and hints for September 8Befriending George PlimptonWhy Pervitin Was the Nazi Drug of ChoiceH.G. Wells to Joyce: “You Have Turned Your Back on Common Men”TikTok is brimming with (and repurposing) old internet memesThe Role of the Poet: An Interview with Solmaz SharifA new tool could protect artists by sabotaging AI image generatorsWas Florence Foster Jenkins Really “the Worst Singer in the World”?Elements: Monoprints by Dan WalshWhat is Shibari or Kinbaku? Everything you need to know about BDSM rope play.The Role of the Poet: An Interview with Solmaz SharifOmelets, Jams, Enemas, and Other Ways to Get It Up Planets, ranked The U.S. is erasing student loan debt for people with severe disabilities How to encrypt your computer (and why you should) Clueless people are posting their searches to a fake Google Facebook page, and it's too much How Hulu's 'Nine Perfect Strangers' is different from the book What is Yik Yak and how to use it Gymnast Mattie Larson said she purposely hurt herself to avoid Larry Nassar Tennis pro Tennys Sandgren's sudden rise prompts questions over alt 'Nine Perfect Strangers' review: too many strangers How to secure your account after that massive T Laura Dern confirms this dog looks a lot like Laura Dern Reddit adds a TikTok Google's Pixel 6 to ship without a charger Chevrolet recalls all Bolt EVs and EUVs Yes, Facebook really thinks you want to sit in VR meetings How to help after deadly earthquake and storm shakes Haiti Keep an eye on your home from afar with this affordable AI Bumble adds an in Are you a passive Apple postpones return to office until 2022
1.7524s , 8195.8125 kb
Copyright © 2025 Powered by 【Watch How Young Sisters Share a Man Online】,Inspiration Information Network