Philip Houska It's been five years since the Apple CEO baton passed from Steve Jobs to Tim Cook. This five-year race has now unlocked for Tim Cook previously received shares worth approximately $100 million (2,4 billion crowns), which were tied both to acting in the role of CEO and to the company's performance, especially with regard to the position in the S&P 500 stock index.
On August 24, 2011, Steve Jobs definitively gave up the leadership of one of the most influential companies in the world and looked for his successor primarily among the board members. In his eyes, the right one was Tim Cook, who yesterday celebrated his five-year anniversary as the head of Apple. Half a decade as CEO has paid off for him in many ways. Above all, however, from the point of view of financial rewards.
He received a bonus that includes 980 thousand shares with a total value of around 107 million dollars. By 2021, Cook's fortune could rise to $500 million thanks to stock awards if he remains in his role and the company performs accordingly. Part of Cook's remuneration depends on Apple's position in the S&P 500 index, and depending on which third the company will be in, Cook's remuneration will be high accordingly.
Apple is really doing well under Cook. This is also proven by the situation from 2012 in the form of obtaining first place in the ranking of the most valuable companies in the world, which it has been defending until now. During his tenure, products such as the Apple Watch, twelve-inch MacBook and iPad Pro were also introduced. Even with the help of these products, Apple has been able to increase the value of all shares by 2011% since 132.
"This five-year race has now unlocked approximately $100 million (2,4 billion crowns) worth of stock for Tim Cook, which he had previously received, and brought a placement in the S&P 500 stock index."
One sentence, just pearls:
– shares were given to Cook, the company Apple, not Cook, entered the index.
– Apple has been in the S&P 500 before. You probably mean that 19.3. 2015 was added to the Dow Jones Industrial Average. This is also an index, but completely different.
Thanks for the note, it was poorly worded, we have already corrected the text.
A boozer who sinks APPLE...supports the terrorist and murderer Clinton...the main content of his work is LGBTI support, he also personally supports marches, rainbow straps / LGBTI / dishonored the beautiful natural order / and fires employees who do not support LGBTI, LGBTI smileys... of course APPLE is growing by the sick community…
A buzzard who sinks Apple. An opportunity for you to enter the market and correct its mistakes. We are all looking forward to it!