Apple's sales have been recorded among the world's leading IT companies. Its heavy impact is on the salary of the company's CEO Tim Cook. According to the information given by Apple to the US market regulator Securities and Exchange Commission (SEC), Cook's annual salary in 2019 was reduced to $ 116 million (about Rs 83 crore). In 2018, Apple paid Cook an annual salary of $ 157 million (about Rs 112 crore). According to Apple, Cook's annual salary has been reduced mainly due to the reduction of incentive bonuses.

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Reduction in incentive bonus
The company said that the main reason for the decrease in salary given to Apple's Chief Executive Officer Tim Cook is the reduction in incentive bonuses. According to the company, Cook received an incentive bonus of $ 120 million in 2018. In 2019, this amount was reduced to 77 million dollars. In 2018, Apple had sold 100% more than the fixed sales target. However, in 2019, the company was able to exceed its target by only 28%.

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$ 11.30 million shareholding
It is noteworthy that the basic salary of Tim Cook is $ 3 million. Apart from this, he is also given an incentive bonus based on the company's performance. In addition, he also has a private plane from the company. This has been done with the goal of improving safety and efficiency. Like other executives in the world, Cook also holds shares in the company. He holds $ 1130 million in shares of Apple.

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