Thursday, December 9, 2021

Apple CEO Tim Cook pockets $750 million bonus

(Fintech Zoom) – Tim Cook is celebrating 10 years as the Apple CEO with a large sum of money.

According to a regulatory filing, he collected – and sold off – more than 5 million shares of Apple stock worth $750 million.

As the leader of the tech giant, Cook has received lofty stock awards in recent years.

One was triggered this week because Apple was an S&P 500 top performer.

The Bloomberg Billionaires Index estimates Cook is worth about $1.5 billion.

He joined Apple in 1998 and served in a variety of senior roles before becoming CEO in 2011 after co-founder Steve Jobs stepped down.

Copyright 2021 Fintech Zoom Newsource. All rights reserved.

Apple CEO Tim Cook pockets $750 million bonus

Tags: Apple Stock, Apple, Apple (AAPL)
Stock Market, Latest News on C N N.


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