Apple Paid CEO Tim Cook Just $4.17 Million in 2012

Tim Cook may run the most valuable company in the world, but you wouldn't know it from his pay this year.

The Apple CEO made just $4.17 million in 2012, according to a new SEC filing from Apple. That is certainly a salary many workers would be happy to have, but it represents a 99% decline from the $376 million Cook was paid last year.

That may come as a surprise at first considering that Apple's market cap has grown to more than $480 billion this year under Cook's leadership, but the decline in his pay is due to a technicality rather than anything to do with his performance.

Cook was granted a massive amount of stock options totaling more than $376 million when he was promoted t…
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