Apple’s Tim Cook Took Private Jets “For Security Reasons” in 2017

Apple CEO Tim Cook reportedly took private jets for personal and business travel in 2017 to ensure his own safety.

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.

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