Apple makes a dream payment

Tim Cook’s salary is no longer meant in cash, but in the company’s own shares. Also, they are only planning a long-term relationship with this Apple.

Tim Cook, Occupation: Apple CEO. The news came last week that almost everyone was raising their heads, as their predecessor Steve Jobs had been in control of Apple's fate for some time. By now, we’re getting used to the name of the new CEO, as Apple is very much in common parlance, so from now on Tim Cook can get used to the huge reputation that came quickly. But this is not the case now, because we have now received more news about his fate, namely about his salary!

How much is that?

Apple has grown into a powerful company in recent decades and is currently the market leader. As a result of the recently resigned Steve Jobs, the shares have fluctuated a lot, so now Apple has a strong need for a person like Jobs, whose name merges with the Apple brand name. That's why they don't even cut his salary, and they signed a contract with him for 10 years! In addition, we found out that he will not be paid in money, but in Apple shares, and not a small amount, 1 million (!) shares may come into his possession. This means that, grossed up, his assets would currently be HUF 71 billion. This is certainly an attractive offer, and even at that much, it won't sell, since Apple's shares are growing almost constantly, so in 10 years, if you manage your "company" properly, you can even acquire much more wealth than this, and even more, it is quite certain that there will be plenty of benefits.

We can probably get used to the above picture for a long time, as he will definitely not have a bad job as CEO, as he was already one of the highest paid people in the industry in a COO position, having already replaced Jobs, who has been struggling with his illness for many years.

Source: Fudzilla Computerworld