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Tags archives: protect-ceo

Apple Spends Rs 4.5 Crore Every Year To Keep Its CEO Tim Cook Secure. But Amazon And Oracle Spend Even More

Apple spends nearly $700,000 (about Rs 44616215) a year to protect CEO Tim Cook. Patently Apple pulled the figure from Apple’s Schedule 14A report with the US Securities and Exchange Commission. In full, the report stated (emphasis our own): “This amount represents: (i) the Company’s contributions to Mr. Cook’s account under its 401(k) plan in the amount of $15,600; (ii) Company-paid term life insurance premiums in the amount of $2,520; […]