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Apple's CEO gets $750 million stake in company
Business
- 27 August, 2021
- 13:01
This week, Tim Cook, Apple Inc.'s chief executive officer, collected the 10th and final tranche of the pay deal he received a decade ago after he took over the top job from co-founder Steve Jobs, Report informs, citing Bloomberg.
The haul consists of about 5 million shares worth roughly $750 million, according to calculations by Bloomberg News.
Apple's stock has risen 1,200% since Cook became CEO in 2011.
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