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This CEO receives $1 Million pay hike!
By: Tupaki Desk | 7 Jan 2016 7:51 AM 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 nowâ¦
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.
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.
