Apple's CEO gets $750 million stake in company

Business
  • 27 August, 2021
  • 13:01
Apple's CEO gets $750 million stake in company

This week, Tim Cook, Apple Inc.'s chief executive officer, collected the 10th and final tranche of the pay deal he received a decade ago after he took over the top job from co-founder Steve Jobs, Report informs, citing Bloomberg.

The haul consists of about 5 million shares worth roughly $750 million, according to calculations by Bloomberg News.

Apple's stock has risen 1,200% since Cook became CEO in 2011.