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(Bloomberg) — Apple Inc. said it is giving Chief Executive Officer Tim Cook new equity awards that could provide him with as many as 1 million shares by 2025.



Tim Cook wearing a suit and tie talking on a cell phone: Tim Cook, chief executive officer of Apple Inc., speaks during a keynote at the 2019 DreamForce conference in San Francisco, California, U.S., on Tuesday, Nov. 19, 2019. Salesforce.com Inc.’s annual software conference, where it introduces new products and discusses its commitment to social causes, was interrupted for the second year in a row by protests against the company’s work with the U.S. government.


© Bloomberg
Tim Cook, chief executive officer of Apple Inc., speaks during a keynote at the 2019 DreamForce conference in San Francisco, California, U.S., on Tuesday, Nov. 19, 2019. Salesforce.com Inc.’s annual software conference, where it introduces new products and discusses its commitment to social causes, was interrupted for the second year in a row by protests against the company’s work with the U.S. government.

The compensation, currently worth $76 million to $114 million depending on Apple’s share performance, gives Cook a new reason to keep running the world’s largest technology company.

The equity comes in two packages, according to a regulatory filing on Tuesday. The first comprises 333,987 restricted stock units that vest in thirds on April 1 in 2023,

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