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Although the year 2020 took the world by storm, Apple seemed to have done fine despite the pandemic. Here is how much CEO Tim Cook earned in 2020.
US SEC has revealed how much Tim Cook earns in 2020. According to a report they launched, Apple CEO Tim Cook earned a total of 14.76$ million in the year 2020, including his 3$ million salary, 10.7$ million as incentive plan compensation and another 1.03$ million.
In 2019, Cook made 11.5$ million in total. However, his figures have gone comparatively down from 2018 over the consecutive years. In 2018, he earned 15.68$ million dollars.
Tim Cook was promoted to the CEO of Apple in 2011. 2021 is the year which will mark Tim Cook’s 10th anniversary as Apple Inc.’s CEO.
The Apple board and employees who work at Apple Inc stated that Tim Cook is a very hardworking and dedicated CEO who demonstrates qualities of leadership and integrity. He has also been consistently delivering results for all the responsible shareholders.
Tim Cook’s net worth for 2020 is 625$ million.
It is rumored that Apple will release an Apple car this year but the company has not released any formal statement yet.
By Meena Atmakuri