April 26, 2024

AndronETalksNews

AndronETalksNews

Apple chief executive Tim Cook gets $750m payout

BBC News

August 27, 2021

Apple chief executive Tim Cook has received more than five million shares in the technology giant, as he marks ten years in the job.

A company filing with the US Securities and Exchange Commission (SEC) watchdog shows that he sold most of the shares for more than $750m (£550m).

It is part of a deal he struck when he took over from co-founder Steve Jobs.