Advertisement
Canada markets closed

  • S&P/TSX

    22,011.72
    +139.76 (+0.64%)
     

  • S&P 500

    5,070.55
    +59.95 (+1.20%)
     

  • DOW

    38,503.69
    +263.71 (+0.69%)
     

  • CAD/USD

    0.7321
    +0.0000 (+0.01%)
     

  • CRUDE OIL

    83.43
    +0.07 (+0.08%)
     

  • Bitcoin CAD

    90,843.52
    -434.18 (-0.48%)
     

  • CMC Crypto 200

    1,433.50
    +18.74 (+1.33%)
     

  • GOLD FUTURES

    2,335.90
    -6.20 (-0.26%)
     

  • RUSSELL 2000

    2,002.64
    +35.17 (+1.79%)
     

  • 10-Yr Bond

    4.5980
    -0.0250 (-0.54%)
     

  • NASDAQ futures

    17,696.50
    +89.75 (+0.51%)
     

  • VOLATILITY

    15.69
    -1.25 (-7.38%)
     

  • FTSE

    8,044.81
    +20.94 (+0.26%)
     

  • NIKKEI 225

    38,040.72
    +488.56 (+1.30%)
     

  • CAD/EUR

    0.6837
    +0.0001 (+0.01%)
     

Apple CEO Tim Cook sees pay drop 99% in 2012

Zach Epstein
Tim Cook Salary 2012
Tim Cook Salary 2012

In 2012, Apple’s (AAPL) chief executive will earn about 1% of the compensation he pulled in last year, according to a regulatory filing. The CEO’s compensation will total $4.17 million in 2012, which includes a $1.36 million salary and $2.8 million in compensation related to incentive plans. Last year, the Apple boss was paid $378 million according to Bloomberg, thanks largely to $376.2 million in stock awards that will pay out over a 10-year period. The filing also reveals that CFO Peter Oppenheimer will earn $68.6 million in 2012, including $66.2 million in stock.

[More from BGR: Microsoft Surface trampled at the bottom of the tablet pile this Christmas]


This article was originally published by BGR