Notification Center

This is our new notification center. Inside, you will find updates on the most important things happening right now.

Notifications

Hmm, push notifications seem to be disabled in your browser. You can enable them from the 'Settings' icon in the URL bar of your browser.

www.phonearena.com

After last year's $378 million, Apple chief executive got $4.2m in 2012

21
After last year's $378 million, Apple chief executive got $4.2m in 2012
In 2012 for the first time Tim Cook spend a full year as Apple’s chief executive officer, but while you’d expect that his salary would be more, in reality Cook’s compensations shrank to just around 1% of his last year’s salary.

Apple’s CEO receive $4.2 million in compensation in 2012, much less than the $378 million he got in 2011. Of that $4.2 million, $1.36 is the actual salary and $2.8 million is compensation from incentive plans.

Last year multi-million compensation, of course, was so high mostly because of $376.2 million in stock that will reach maturity in 10 years.

Interestingly, this year Apple’s chief financial officer Peter Oppenheimer received a massive stock award of $66.2 million, and his total compensation exceeded that of Cook multiple times.

source: The Next Web

New reasons to get excited every week

Get the most important news, reviews and deals in mobile tech delivered straight to your inbox

FCC OKs Cingular\'s purchase of AT&T Wireless