This year apple paid a whopping $102mn that is Rs. 652 crore to CEO Tim Cook; his earnings increased by 79% because of good performance of iPhone X. Tim Cook received a salary of $3.06 million plus $9.33 million in bonuses and stock worth $89.2 million for a total compensation package of approximately $102 million.
Executive officers at apple received bonuses of $3 million which included their salary and stock awards. Cook is awarded with a private jet as well in 2017 for all his travels for safety issues.
In the year 2017, Cook’s personal air travel expenses amounted to $93,109, and Apple spent an additional $224,216 in personal security costs provided to Cook. Soon a shareholder meeting will held to re-appoint different accounting and board members. The success of the product has taken Cook to another level of success.