December 28, 2012 at 14:57 PM EST
Apple Executive's Pay Is Down 99 Percent
Apple chief executive Tim Cook's pay is down by 99% in his first full year in the job. He received $4.17 million (pound(s)2.59m) in 2012, down from $378m (pound(s)235m) in 2011.His wages are 14 times lower than his 2010 pay as chief operating officer. He took over last year from Steve Jobs, creator of the iPhone and iPad, following his death from pancreatic cancer in October 2011. ...
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