Apple's board implemented a policy in 2017 requiring Cook to "use private aircraft for all business and personal travel" for his safety, according to regulatory filings published on Wednesday.
As if that weren't enough, at the behest of Apple's Board of Directors, Cook was also required to fly around for official business exclusively on a private jet this year, and will continue to moving forward, the report added.
Mr Cook became Apple's chief executive after Steve Jobs resigned in 2011 and shares in the company have more than tripled under his watch.
During 2017 Tim Cook's personal security costs were calculated at nearly half a million dollars, ($224,216.00), alongside a $93,109 bill for traveling on private jets for non-business trips.
The head of the world's most valuable company has stopped flying commercial. He has been told by the company to do so following security concerns. "Apple exited the quarter with some iPhone 8 inventory due to softer than expected demand compared to the iPhone 7 series", Counterpoint said. For Cook, that meant that his annual cash "incentive plan" reward increased to $9,327,000 in fiscal 2017, up from $5,370,000 in 2016.
Camera IconApple Chief Executive Tim Cook posed for a selfie with customers during the debut of the iPhone X at an AppleStore.
Cook's compensation was almost half those of the $24.1 million packages for CFO Luca Maestri, SVP of hardware engineering Dan Riccio and general counsel Bruce Sewell.
Further, the proxy statement says that Cook will have to pay taxes anytime he uses an Apple private jet for personal travel as the cost will come under extra compensation. Apple's SVP of retail Angela Ahrendts and SVP of hardware technologies Johny Srouji brought in about $24.2 million for the year.
Apple revealed the details today in a proxy statement filed with the United States Securities and Exchange Commission ahead of the company's annual shareholders meeting, scheduled for 13 February 2018.
Gretchen Heal, a spokeswoman for the Yancey campaign, declined to comment Tuesday on the Simonds campaign's planned litigation. Simonds's campaign has also requested the drawing be delayed so it can convince the court that the vote shouldn't be counted.
Taylor Heinicke made his National Football League debut and played two series before Yates returned early in the third quarter. Yates completed 7-of-16 passes for 83 yards with one touchdown and one interception in Monday's Week 16 loss to the Steelers .
Most of IN was under winter weather advisory with officials urging motorists to stay put unless they absolutely had to travel. Strong winds are predicted for Massachusetts, Connecticut and Rhode Island with gusts up to 65 miles per hour (105 kph).
Rosen is now in concussion protocol and will sit out of the Bruins' Cactus Bowl matchup against Kansas State this week. The Giants (2-12) would secure the No. 2 pick with losses in Arizona and at home against Washington next week.
Five balls are drawn from a set of balls numbered 1 through 70; the Mega ball is drawn from a set of balls numbered 1 through 24. The prize jumped after no winners came forward following Saturday night's drawing, according to the Illinois Lottery.
Haddad joins CEO Sam Haskell , chairman Lynn Weidner and president Josh Randle , who have resigned in the aftermath of the report. As of Friday, the revelation had brought out 49 Miss Americas to petition for Haskell and others to be fired.
Republicans also claim a typical family of four earning the median family income of $73,000 will receive a tax cut of $2,059. On Twitter, he wrote that the mainstream media "NEVER talk about our accomplishments in the end of year reviews".
Today for Christmas we'll have mostly cloudy with highs in the mid 20s-mid 30s and winds W/E 5-10 miles per hour . Temperatures will average around 10 degrees on Thursday , with wind chill values as low as 25 below.
The woman was declared dead at the scene, and emergency responders transported the man to an area hospital. Lankford was in jail on assault and unlawful imprisonment charges at the time of the dog attack.
CDC: Flu 'widespread' in Pennsylvania
Additionally, a map from the CDC shows that there is widespread flu activity in 23 states across the country. Individuals with weak immune systems and healthy individuals are equally likely to catch the flu virus.
Pay double for AC local travel
The AC trains will replace 12 existing non-air conditioned services - six services in up and six in down direction. Fares on the air-conditioned "local" has been priced at 1.2 times the first class ticket for the first six months.
Pregnant Khloe Kardashian Reveals How Far Along She Is!
TMZ reports at said party, both Khloe ( who fiiinally confirmed her pregnancy last week ) and Kylie showed off their baby bumps. Kourtney Kardashian's ex-boyfriend Scott Disick was at the party along with her current modely boyfriend Younes Bendjima.