Apple CEO's Compensation

SAN FRANCISCO—Apple Inc. said Monday it gave Chief Executive Tim Cook compensation worth nearly $378 million last year, drawing a sharp contrast to the $1 salary traditionally earned by former CEO Steve Jobs as the company gears up for its first annual shareholder meeting since Mr. Jobs's death in October.

Mr. Cook's compensation was largely made up of a grant of restricted stock, intended to retain the CEO as it vests over a period of 10 years. Mr. Cook earned a salary of roughly $900,000 ...

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