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Apple's Cook reaped $145-million take-home pay last year

Reported pay was $8.75 mn, which ranked him as bottom third of all CEOs in S&P companies

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apple,tim cook,salary

BS Reporter
Don’t be fooled by Tim Cook’s 2016 reported pay of $8.75 million, which ranked the Apple chief executive officer as the bottom third of all CEOs in the S&P 500 companies. Cook, 56, actually took home $145 million, almost all of it from awards granted back in 2011. He’s not the only chief executive officer of a publicly traded US company to cross the $100-million threshold for take-home pay, commonly referred to as realised pay.
 
Take-home pay is the sum of the values of stock vested and options exercised during the financial year, along with cash from salaries, bonuses