Apple loves Tim Cook
Apple employees rate CEO Tim Cook higher than employees at any other tech firm rate their boss, according to UBS Evidence Lab. UBS analyst, Steven Milunovich last year praised Cook, saying the Apple boss “thinks big” and predicting the company would transition to be less like a tech company and more a luxury lifestyle brand. Reflecting Apple’s continued success, CEO Tim Cook earned $9.22 million in salary, bonuses and other compensation last year, while company stock hit new highs. Other executives received 14% raises as the company board said results had exceeded expectations. Former Burberry CEO Angela Ahrendts received over $73 million in cash and stock, a payment that reflected special inducements required to attract her from the UK clothing firm.