Apple Inc chief executive officer Tim Cook received a 74% increase in his annual bonus for fiscal 2017 as the iPhone maker posted higher revenue and net income, after a rare decline a year earlier.
Cook’s incentive pay totalled US$9.33mil (RM37.9mil) for the year ended Sept 30, the Cupertino, California-based company said Wednesday in a regulatory filing. He also took home US$3.06mil (RM12.48mil) in salary and a previously disclosed equity award of US$89.2mil (RM363.8mil), bringing his total payout for the year to about US$102mil (RM415mil).