Apple CEO Tim Cook received only $4.2 million in compensation this year.
A proxy statement Apple filed today with the Securities and Exchange Commission revealed Cook's base salary as $1.3 million with non-cash compensation making up the rest.
In contrast, Cook was given $378 million in overall compensation last year and $59 million the previous year. But the lower total compensation is all part of a plan.
As described by The Next Web, Apple's board gave Cook 1 million in restricted shares in August 2011 when it appointed him CEO. Worth around $376 million at that … Read more