Cook made about $12.8 million in 2017, up from $8.7 million in 2016.
A filing with securities regulators during the week said the board determined that its CEO must use private aircraft for "all business and personal travel".
In 2016, Cook had security expenses of $220,432. It also includes $440,374 in "other" compensation, according to a regulatory filing. From now on Cook will be using only the private jets for all business and personal travels.
Forecast: Bitter cold continues with chance of weekend snow
Temperatures will moderate a bit during the day, but it's likely we won't get above freezing today in northeast Oklahoma. Highs will struggle to get above 10° during some of the late week days and will plunge well below zero at night.
The company now has a market capitalisation of over $875bn (£650bn) making it the most valuable publicly owned company in the world. The pay increase came from a larger bonus because Apple beat its goals for annual sales and operating profit. Adding $89.2 million in equity award, Cook brought home a whopping $102 million in 2017, minus compensations.
Cook has little to say about the situation if the board tells him he must use the private jet. He's still actually the lowest paid among his executive team, who all make around $24 million a year.
Cook also benefited from a generous share award, banking $89.2 million United States dollars worth of Apple stock as part of a compensation package agreed when he was appointed chief executive in 2011.
Liverpool 5-0 Swansea: Liverpool Thrash Swansea in Blistering Boxing Day Display
The Ghanaian worldwide dropped to the floor but Firmino played on, fully aware that there was no foul play involved. Liverpool doubled their lead in the 52nd minute through Firmino who volleyed home from a Coutinho free kick.
The raises come after a strong financial year for Apple which saw revenue growth in both hardware products like its phones and computers as well as digital services like Apple Pay, Apple Music and its App Store.
The personal travel cost for Cook was $93,109 in 2017, which is part of his compensation package.
The new policy was first implemented recently in the interest of efficiency and security based upon the company's global profile and the very visible nature of Cook's role as the CEO, says a new proxy statement for Apple shareholders released Wednesday.
Chrissy Teigen live-tweets her epic LAX-LAX flight ordeal
The couple was four hours into an 11-hour flight from Los Angeles to Tokyo when the crew found an unauthorized passenger. According to KABC-TV , the passenger had somehow managed to board the flight with a United Airlines ticket.
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