Apple COO Makes $59 Million After Filling in for Jobs
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Apple Inc. Chief Operating Officer Timothy Cook received total compensation of $59.1 million in fiscal 2010 because of bonuses for running day-to-day operations during Chief Executive Officer Steve Jobs’s medical leave.
Cook was given a $5 million bonus and $52.3 million in stock awards for the year ended September 2010, Cupertino, California-based Apple said today in a regulatory filing. Cook’s total compensation was up from $1.64 million in 2009, while his salary remained at about $800,000.