Tim Cook gets 74% bonus boost after sales

His top five lieutenants each got bonuses of $3.11 million, bringing their total compensation to about $24.2 million each

Apple Chief Executive Officer Tim Cook received a 74 per cent increase in his annual bonus for fiscal 2017 as the iPhone maker posted higher revenue and net income, after a rare decline a year earlier.

Cook’s incentive pay totaled $9.33 million for the year ended September 30, the Cupertino, California-based company said Wednesday in a regulatory filing. He also took home $3.06 million in salary and a previously disclosed equity award of $89.2 million, bringing his total payout for the year to about $102 million.

His top five lieutenants each got bonuses of $3.11 million, bringing their total compensation to about