Wednesday, August 26, 2015

Tim Cook gets SEK 480 million – 99mac

Apple CEO Tim Cook rewarded with shares for a value of SEK 480 million for its time and performance of the company.

Apple rewards its CEO Tim Cook with a greater number of shares for his time and achievements of the company. According to documents filed with the SEC, the US authority that looks over the trading of securities, Cook has received 560,000 shares worth about 480 million Swedish kronor.

Tim Cook has chosen not to sell any of the shares according to the document found on Apple’s website for investors.

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