Apple‘s CEO got a hefty raise in 2018.
Tim Cook received a total of $15.6 million in salary, incentive pay and other compensation last year, according to a Securities and Exchange Commission filing Tuesday. The compensation represented an increase of nearly 22 percent over 2017.
Cook earned a salary of $3 million, along with $12 million in cash incentives based on Apple hitting certain goals. Other compensation included 401(k) contributions, life insurance payments and a vacation time buyout of $57,692. He also got $294,082 in personal travel expenses.
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