Apple CEO’s pay dropped about $10 million in 2019 on lower bonus

Apple Inc Chief Executive Officer Tim Cook made $125 million in the company’s 2019 fiscal year, less than the year before due in part to a lower bonus. Cook got a $3 million salary, a $7.7 million bonus and $884,466 in perks and other compensation in the latest period, the Cupertino, California-based technology giant said in a filing Friday. The executive also had $113.5 million worth of Apple stock vest. That $125 million in total compensation was down from the $136 million Cook made a year earlier. In that 2018 fiscal year, he got a $12 million bonus, his largest ever. The bonus shrank in the latest period because Apple didn’t beat its sales and operating income targets by as much as the...