mo4ch:>Tim Cook makes 300 times more than average Apple employee – company’s filing | Mo4ch News

In 2018, iPhone maker Apple gave its chief executive Tim Cook a substantial pay raise of more than 20 percent, bringing his total compensation for the year to almost $15.7 million, a new filing submitted to the SEC reveals.The figure includes a base salary of $3 million, a $12 million bonus received for achieving performance sales goal and targeted operating income, as well as $680,000 in what the company identified as “other compensation,” which reportedly covers Cook’s private jet fare and security expenses.“For 2018… we achieved net sales of $265.6 billion and operating income of $70.9 billion, each representing a year-over-year increase of 16 percent, and exceeding the 2018 maximum annual cash incentive program goals for both of those performance measures,” the filing reads.The proceeds do not include hefty stock incentives that the Cupertino-based company provides to its chief executive as part of a 2011 grant. In August, the CEO cashed in $121 million of vested stock. Cook still…