Apple Tim Cook Pay Package - Business Insider

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Apple Tim Cook Pay Package - Business Insider
Jun 21st 2013, 22:58

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according to a document filed with the SEC.

In plain English, that means Cook could lose millions if Apple's stock price continues to slide. He now has a huge incentive to make sure that doesn't happen.

However, the document also states Apple's board has full confidence in Cook to lead the company. 

"Mr. Cook is leading this initiative by example and has the full support of the Board of Directors," the document says.

Source:

http://www.businessinsider.com/apple-tim-cook-pay-package-2013-6

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