Apple yesterday filed a Form-8K with the Securities and Exchange Commission (SEC) in the United States to inform investors that the company's board had unanimously a one time bonus for Apple COO Tim Cook.
Tim Cook who took the place of Steve Jobs during the first half of 2009 was awarded a discretionary bonus of $5,000,000 and 75,000 stocks "in recognition of his outstanding performance in assuming the day-to-day operations of the Company for the period in fiscal 2009". The recommendation for compensation was put forward by Steve Jobs.