Apple’s Tim Cook Gets 74% Bonus Boost After Sales, Profit Rebound
- Cook’s total payout was about $102 million for fiscal 2017
- Other top executives earned about $24 million this year
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Apple Inc. Chief Executive Officer Tim Cook received a 74 percent increase in his annual bonus for fiscal 2017 as the iPhone maker posted higher revenue and net income, after a rare decline a year earlier.
Cook’s incentive pay totaled $9.33 million for the year ended Sept. 30, the Cupertino, California-based company said Wednesday in a regulatory filing. He also took home $3.06 million in salary and a previously disclosed equity award of $89.2 million, bringing his total payout for the year to about $102 million.