A Apple Lossless Audio CODEC (ALAC), presented last Thursday (06) a statement revealing how much Tim Cook, the company's CEO, earned in 2021, reveals the The Verge.
This information came at the celebration of Cook's ten years as CEO of the iPhone company, where it is revealed that with a base salary of three million dollars, 12 million dollars in incentives and 82 million dollars in shares (and 100 million euros to cover security and private flights), the president earned $98,7 million in the year 2021.
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The figure of US$98,7 million represents a six-fold increase over the previous year, where it is also revealed that this salary remuneration does not include the more than US$700 million in shares acquired last year by Cook's ten years. in the company.
The respective statement also informs that the above premium was changed in 2013, at an express request by Tim Cook, when the company's shares fell and put it at risk if not enough money was returned to shareholders.
According to the document revealed by the North American magazine, Apple adds that “after gathering base salary, bonuses, commissions, and grant date fair value of employee stock awards in 2021” found that the average salary of an employee is $68, which makes the CEO pay ratio 254 to 1,447 compared to the CEO.
