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. This policy was implemented in 2017 in the interests of security and efficiency based on our global profile and the highly visible nature of Mr. Cook's role as CEO.
It won't be the first time an Apple CEO has flown private. But even as the leader of the world's most profitable company, Cook has held out until this year, as last year's proxy filing doesn't mention any private flights, just the occasional chartered plane. He owns 560,000 shares awarded to him in 2011 that vested in fiscal 2017, valued at $89.2 million.
The market capitalisation for the iPhone maker has been hovering around $US900 billion (more than $A1 trillion) and is up almost 50 per cent for the year.
WikiLeaks founder's Twitter account briefly vanishes
This is all the more puzzling since the main Wikileaks Twitter account were up, as usual, having new posts since Friday, Dec. 22. The account reappeared without loss in number of tweets posted but having lost a considerable number of followers.
The company is heavily dependent on the success of iPhones, which account for more than two-thirds of its total revenue.
And with the iPhone 8 and X in the market, Cook hoped for Apple's strong fiscal year ever in 2018.
The company has made a decision to spend after Cook's security as well. Separately, his received a massive increase in his annual bonus, thanks to earnings rebound for the company. This makes his total compensation package of 2017 as being somewhere around $102 million. Apple's retail chief, Angela Ahrendts, was the highest paid executive, bringing in $24,216,072.
As a result, the value of Cook's compensation also included "security expenses in the amount of $224,216" and "personal air travel expenses in the amount of $93,109".
Salman Khan's "Tiger Zinda Hai" enters Rs 100 Cr Club
Yes, an ace-trade analyst, Taran Adarsh himself tweeted the figures of the film. " #TigerZindaHai is SENSATIONAL on Day 3". With a beginning so stupendous, Salman Khan's Tiger Zinda Hai is up for a successful run in the coming days too.
Cardi B and Offset Get Raunchy on Instagram Live
RAPPER Cardi B and fiance Offset may have done the unthinkable. "I was fully clothe (d) on live, I was not f-kin' on live". The rapper, whose birth name is Belcalis Almanzar, explained to Jimmy Fallon on Wednesday where she got her stage name.
Steelers vs. Texans: 4 bold predictions sure to go wrong
Taylor Heinicke made his National Football League debut and played two series before Yates returned early in the third quarter. Pittsburgh scored on its first two possessions and completed its road schedule with just one loss.
After Snow, Cold Ahead For Rest Of Year
There were no cancellations at the city's other major airport, Midway, and delays were less than 15 minutes on average. Northern Indiana was expecting up to 5 inches (13 centimeters) with slightly less in the southern part of the state.