salary reduction for Tim Cook. In the past year, the Apple CEO has had to give up to a whopping 1.6 dollars salary. Debt which have not reached business goals, which made his Bonus vigorously shrink.
The salary of Tim Cook shrank in 2016 strong. In need of money, he’s not: comes in Apple, therefore, but probably, according to his total salary amounted to $ 8.7 million (8.2 million Euro). At least 15 percent less than in 2015.
Apple-the success to be desired
Significantly more than the Cook of Apple-financial chief Luca Maestri came to 22.8 million received, which represents a decline of ten percent. The other executives of the iPhone manufacturer had to accept a loss.
The operations of the technology group had developed last only grow. The self-imposed profit targets were not achieved for the first time since 2009. In the first three quarters of the turnover was respectively declining.
In the last three months of the year, the Management wanted to this Trend, but to break through. The Figures will be published in a few days.
Apple shares just below average
rose stands firm: The contractually agreed target agreements of the transaction were not achieved. The Bonus of Tim Cook and his Manager colleagues was reduced accordingly.
rose The Apple stock 2016 to about ten percent. The Dow Jones Index, in which it is listed, climbed in the period by 14 percent.
The iPhone maker are required to further innovation, well, innovation. This is the request of the investors and stock holders from Apple-captain. The success curve would have to show 2017 re-up. The chief is optimistic that the technique can also: Cook even said in the autumn, the demand for the iPhone 7 and 7s was greater than the production capacity.