This CEO receives $1 Million pay hike!

Update: 2016-01-07 07:51 GMT
Have you heard about a pay raise of over $1 million for a single individual in the recent past? Yes, This happened in reality! Let's know about this lucky man now…

Apple CEO Tim Cook got a salary hike of more than $1 million in 2015. In a filing, The Tech Giant mentioned that the Chief Executive Officer pocketed $10,3 million which include $2 million salary, $8 million bonus and $209,000 for private security.

Surprisingly, The five Vice Presidents of Apple received more income than the CEO. Each of them got $25 million which include stocks worth $20 million. However, Time Cook wasn't offered stock since 2012.

Apple total sales stood at $233.7 billion during the last financial year ending in September. While the profit is $53 billion, The company's stock has risen by 15 percent during this period.
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