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Apple: Tim Cook receives $ 100 million bonus

tim cook apple - Apple : Tim Cook reçoit un bonus de 100 millions de dollars

tim cook apple - Apple : Tim Cook reçoit un bonus de 100 millions de dollars

Apple

Posted: August 25, 2016
Updated: August 25, 2016

by benjamin

It’s been 5 years now Tim cook is the head of one of the largest technology firms in the world. As a reminder, he became CEO of Apple on August 24, 2011 after the resignation of Steve Jobs. If we believe the provisions contained in the contract he signed, the man will therefore be able to receive the bonus of more than 100 million dollars (106.7 million more exactly), which will be received in the form of AAPL shares (980,000).

tim cook apple - Apple: Tim Cook receives a $ 100 million bonusIf you’re wondering if Tim Cook really deserves this bonus, the answer seems positive. Since taking over the reins of the company, its cash flow has never stopped increasing. Better yet, it is currently close to double its value when the current CEO of Apple came to this position ($ 121 billion in 2011 and $ 232 billion today).

For Tim Cook, the assessment is therefore positive and the bonus he will receive seems deserved. Moreover, if he is still in this position in 5 years (that is to say in 2021), he may receive an even greater bonus amounting to $ 500 million…