Apple spent $224,216 on security services and $93,109 in air travel expenses for his personal use of private aircraft. In a filing with the Securities and Exchange Commission Apple said “For security reasons, the board requires that Mr. Cook use private aircraft for all business and personal travel.”
Tim Cook earned a salary of $12.8 million in 2017 which includes his $3 million annual salary, bonuses of $9.3 million. Also, contributions to his retirement savings plan, his life insurance premiums and security expenses. Cook’s pay seems bashful when compared to counterparts like Disney CEO Bob Iger, whose package was $43.9 million in 2016 and CBS’ Leslie Moonves, whose $68.6 million package made him one of the highest-paid CEOs in American business.