In a filing Friday, apple said cook has received $3 million in annual pay, $7.7 million in bonuses, and $884466 in allowances and other compensation in recent times. In addition, cook holds $135 million worth of apple stock options.
This resulted in Cooks total compensation of $125 million in fy19f, down from $136 million a year ago. In fiscal 2018, cook received a $12 million bonus, which was cooks largest so far. Apples bonuses to cook have shrunk in recent times as sales and revenues have fallen short of targets. But Apples share price surged 89% in 2019.
Picture: Cooks bonus over the years
According to Apple documents, cook holds nearly $400 million worth of apple stock before the exercise date. In 2011, cook took over as CEO from co-founder Steve Jobs and won most of his shares through an equity award.
Other Apple executives, including chief operating officer Jeff Williams, chief financial officer Luca Maestri and general counsel Kate Adams, also saw their total pay fall. All three executives bonuses fell from $4 million to $2.6 million for the same reason as cook.
In 2019, apple spent $457083 on cooks security and $315311 on personal air travel, the company said in its filing.
Cook last week donated $2 million worth of apple stock to an undisclosed charity and said he planned to donate most of it before he died. (Chen Chen)
Source: Wang Fengzhi, editor in charge of Netease Technology Report