Friday, January 6, 2017

Cut bonus of the CEO of Apple for failing to achieve sales target – SDPnoticias.com

Tim Cook, Apple's CEO.

Tim Cook, Apple’s CEO.

Photo property of: Apple

although the iPhone 7 were cell phones more gifted at Christmas, Apple seems to have not met the goals that had been imposed for the 2016, causing both its CEO Tim Cook , and other executives have a cut in their annual bonus.

According to figures published by the company, in the year just ended, had net sales of 215,600 million dollars, an amount of 3.6 percent less than the goal that had been set (223,680 mdd), otherwise the 2015, when they did reach the sales promised.

high-level Executive at Apple, Tim Cook, will see a cut in their annual bonuses as a result of not having achieved the objectives of the 2016, so that will only get the 89.5 percent of the incentive annual granted to them by the company, the CEO would receive at least 8.75 million dollars.

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