• Disclosure
  • Privacy Policy
  • DMCA Policy
  • CCPA
  • Medical Disclaimer
  • Contact
  • About
Thursday, June 30, 2022
Maryland Digital News
  • Home
  • US
  • Business
  • World
  • Baltimore
  • Columbia
  • Germantown
  • Waldorf
  • Silver Spring
  • Frederick
  • Press Releases
  • Videos
No Result
View All Result
  • Home
  • US
  • Business
  • World
  • Baltimore
  • Columbia
  • Germantown
  • Waldorf
  • Silver Spring
  • Frederick
  • Press Releases
  • Videos
No Result
View All Result
No Result
View All Result
Home Business

Tim Cook's Compensation Jumped To Nearly $100 Million Last Year

by NewsReporter
January 7, 2022
in Business
Reading Time: 2 mins read
tim-cook's-compensation-jumped-to-nearly-$100-million-last-year
Share on FacebookShare on Twitter

New York (CNN)Tim Cook had a very good year.

Apple’s CEO received nearly $100 million in total compensation in 2021, a sixfold increase from the prior year, according to a proxy statement filed by the company on Thursday.

Apple has become the world's first $3 trillion company

Cook’s $98.7 million pay package was largely made up of roughly $82 million in stock awards. Beyond that, Cook also received a $3 million base salary, $12 million in bonuses, as well as the company spending on things like private jets and security.

    His total compensation is 1,447 times the median Apple employee salary of $68,254, according to the filing. Apple said this number is based on a new calculation for median employee pay.

      The spike in Cook’s compensation came as Apple’s business was booming. It posted record profit and sales in 2021, fueled by strength from its core iPhone business and its subscription services. This week, Apple became the the world’s first $3 trillion company.

          Last year marked a decade since Cook took on the role of CEO from Apple’s late cofounder Steve Jobs. Cook’s time in the top spot at Apple made him a billionaire. He has previously pledged to give all of his wealth away, after paying for his nephew’s college tuition.

          Read More Here

          Related Posts

          pfizer-and-biontech-to-ask-fda-to-authorize-covid-19-booster-for-kids-as-young-as-5

          Pfizer And BioNTech To Ask FDA To Authorize COVID-19 Booster For Kids As Young As 5

          by NewsReporter
          April 14, 2022
          0

          Pfizer and BioNTech plan to ask the Food and Drug Administration to clear a third dose of their COVID-19 vaccine for children as young as 5, the companies announced Wednesday, citing trial results showing a "robust response" of antibodies in this age group after the booster shot.  In the trial,...

          netflix-subscribers-in-russia-launch-class-action-for-loss-of-service

          Netflix Subscribers In Russia Launch Class Action For Loss Of Service

          by NewsReporter
          April 13, 2022
          0

          Russian Netflix users are suing the streaming firm for suspending its service as a result of Vladimir Putin’s invasion of Ukraine.Netflix, which has only about 1 million subscribers in Russia, suspended its services in March and has halted the development and acquisition of all Russian-made or commissioned TV shows and...

          did-us-inflation-peak-in-march?-americans-are-concerned

          Did US Inflation Peak In March? Americans Are Concerned

          by NewsReporter
          April 12, 2022
          0

          A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link.New York (CNN Business)Americans have been living with soaring prices for months. New inflation data set...

          buffalo-officers-who-shoved-elderly-blm-protester-cleared-by-arbitrator

          Buffalo Officers Who Shoved Elderly BLM Protester Cleared By Arbitrator

          by NewsReporter
          April 11, 2022
          0

          An arbitrator has ruled that two Buffalo police officers didn't violate the department's use-of-force guidelines when they pushed a 75-year-old protester to the ground in June 2020 during racial injustice protests following the murder of George Floyd in Minneapolis. The episode drew national attention when a news crew captured video ...

          Maryland Digital News

          © 2021 Maryland Digital News

          Navigate Site

          • Disclosure
          • Privacy Policy
          • DMCA Policy
          • CCPA
          • Medical Disclaimer
          • Contact
          • About

          Follow Us

          No Result
          View All Result
          • Home
          • About
          • DMCA Policy
          • Medical Disclaimer
          • Privacy Policy
          • Disclosure
          • CCPA
          • Terms of Use

          © 2021 Maryland Digital News

          We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
          Cookie SettingsAccept All
          Manage consent

          Privacy Overview

          This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
          Necessary
          Always Enabled
          Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
          CookieDurationDescription
          cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
          cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
          cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
          cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
          cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
          viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
          Functional
          Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
          Performance
          Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
          Analytics
          Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
          Advertisement
          Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
          Others
          Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
          SAVE & ACCEPT