Apple CEO Tim Cook receives $373m in shares in five years

Tim Cook, who marked his five-year anniversary as Apple’s chief executive on Wednesday, received shares valued at $373m (€330.6m) during that period as the iPhone maker’s stock doubled on his watch.

When Mr Cook took the helm in 2011, he was granted 1m shares. Originally, 50% of those were scheduled to vest on his five-year anniversary, with the rest coming due after a decade with the company.

That changed in 2013, when Mr Cook voluntarily tied one third of the award to outperforming the S&P 500 Index and the shares began vesting annually.