Apple and Amazon spend big bucks to keep Cook and Bezos out of harm's way

David Pescovitz 10:58 am Fri Aug 7, 2015

tim-cook

Apple spends nearly $700,000 to protect Tim Cook,

reports CNN Money. This level of protection is fairly common for CEOs of massive public companies with a lot riding on the health of their leadership.

In fact, Apple's security budget for Cook is less than half what Amazon spends to keep Jeff Bezos safe, according to this Fortune article from January. The company's 2014 SEC filing says that the $1.6 million line item “represents the approximate aggregate incremental cost to Amazon.com of security arrangements for Mr. Bezos in addition to security arrangements provided at business facilities and for business travel. We believe that all company-incurred security costs are reasonable and necessary and for the company’s benefit.”

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