The Bloomberg reports, the Apple in a regulatory filing said that Cook received a $12 million bonus for the year ended September 29.
Comparing the previous year’ bonus, the hike in 2018 was 22%, as Cook received bonus worth $9.3 million in 2017.
Mr. Cook in year 2016, 2015, and 2014 received $ 5.4 million, $8.0 million, and $6.7 million worth bonus respectively.
22% pay hike in 2018, bringing his total compensation to $136 million (₹960 crore), company filings revealed.
In addition to the bonus, Cook also got a $3 million salary and shares worth $121 million from his 10-year stock award, bringing his total earnings to $136 million, along with perks worth approximately $682,000.
Cook was made the Chief Executive on August 24, 2011, prior to Jobs’ death in October of that year.