Tim Cook to Get
$120 Million Payday Tim Cook is about to get a whole lot richer. The CEO of Apple is getting ready to collect about $120 million in stock. Cook was given a restricted stock award when he took over Steve Jobs’ role in 2011. He will earn 560,000 shares of AAPL. It's still unclear whether he plans to cash out on those shares. About half of that award was contingent on Apple's performance. The shares needed to outperform two-thirds of the companies in the S&P 500 in the last
three years. Under Cook, Apple just became the first
$1 trillion American company.