Tim Cook Has Collected Over $650 Million in Apple Stock Since he Became CEO as he's Led the Company to be Worth Over $1 Trillion - Business Insider -BoardProspects

Tim Cook Has Collected Over $650 Million in Apple Stock Since he Became CEO as he's Led the Company to be Worth Over $1 Trillion

Business Insider Aug 29 2018 BoardNews
- Tim Cook cashed in $121 million in Apple stock grants on Tuesday.
- He's collected over $650 million in Apple stock since he took over as CEO in 2011.
- Among tech executives, only Facebook CEO Mark Zuckerberg has been paid more over that time period.
Apple CEO Tim Cook recently cashed in $121 million in stock grants, with the majority of those proceedings going towards taxes, according to an SEC filing on Tuesday...
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Quotes
1. The only other CEO who has realized more value in the same time period is Mark Zuckerberg, who exercised 1.2 million options over two years.
2. Those options had an exercise price of $0.06, leading to him realizing nearly $5.8 million in value. [Amazon CEO] Jeffrey Bezos, [Google cofounders] Lawrence Page, and Sergey Brin have not been compensated with equity over the years, with Page and Brin both taking $1 salaries.
Topics Mentioned
- MDC Partners
- stock options
- Facebook
- Google
- Apple
- Amazon
- Tesla
- Mark Zuckerberg
- Elon Musk
- Tim Cook
- Nike
- SEC
- Evan Spiegel
Authors
- Kif Leswing
- Kifleswing