The CEO of Apple’s salary rose by 43 percent last year, the company said.Tim Cook, a Brit, now only earns $2 million a year, up from a measly $1.4 million before his salary was raised in February 2014.
If you count Cook’s total remuneration it amounts to $9.2 million a year.
Apple also raised other executives’ salary by over 14 percent, the company said.
The executives got their wage increased because Apple compared their salaries to other peoples’ salaries in comparable industries.
If executives at Apple hit their targets, they can earn bonuses worth ip to 400 percent of their salary.
Cook is judged by the company to have hit his targets since he became CEO in August 2011.
