Never miss a story

Get subscribed to our newsletter


×
voa

Apple CEO Tim Cook listens as President Joe Biden speaks during a meeting on cybersecurity in the East Room of the White House

It pays to be the leader of Apple.

The company's CEO, Tim Cook, was recently given a bonus of $750 million worth of Apple stock, marking his 10th anniversary as CEO. The bonus was revealed Thursday in a regulatory filing. He promptly cashed out the 5 million shares, which were given based on both performance and time with the company.


The bonus plan was put in place after Cook had become CEO in 2011, shortly before the death of company co-founder Steve Jobs.

Since Cook took over the company, Apple's value has reached an estimated $2.4 trillion, and its share price has risen 1,200%, according to BBC. Tim Cook, who is estimated to be worth $1.4 billion, still owns 3.2 million shares of the company.

The regulatory findings also show Cook donated 70,000 shares, worth $10 million, to charity. Before joining Apple in 1998, he worked for IBM and Compaq. (VOA/RN)

Keywords: Apple, CEO, Bonus plan, Tim Cook,


Popular

This product review highlights the new Outback Belly Burner.

BY ESTHER JOHN

It has been medically proven that excess fat in the body is responsible for causing various potentially dangerous medical issues, including cardiovascular diseases like stroke, hypertension, and diabetes.

Excessive body fat is also accountable for immobility in people, especially in old age or cases where people have accumulated excessive body fat to obesity levels.

Keep Reading Show less
Unsplash
BY EDUARD

Becoming an entrepreneur is simple because it does not require any qualifications. All you need is to ensure that you have the skills and dedicate yourself to work. You don't start anything when you are perfect, but through experience, you improve day by day until you become perfect. You can be an entrepreneur irrespective of where you are. Because entrepreneurship involves identifying and developing a possible solution, it makes it possible to thrive in any environment. That is because you cannot find a perfect climate and have no challenges. You can also thrive by increasing awareness of your products if you buy Spotify streams when marketing through podcasts.

Also Read : Developing a healthy relationship with Social Media

Keep Reading Show less
Unsplash

You should have a great vision and be well focused.

BY EDUARD

When you start a business, you will be risking your money for the venture. As an entrepreneur, you should have a great vision and be well focused. People are born with top-tier entrepreneur qualities, while others have to work hard for the qualities They must work hard and work perfectly to make sure their customers are happy and comfortable with your services. It would help if you were keen when making decisions to avoid going wrong. Below are the tips to help you to become a successful entrepreneur if you follow them wisely:

Also Read : How to be a successful and inspiring social worker

Keep reading... Show less