Apple CEO Tim Cook Accepts 40 Percent Pay Cut

Epoch-Times-Bot · Jan 13, 2023, 09:30 AM

Apple CEO Tim Cook Accepts 40 Percent Pay Cut

Apple CEO Tim Cook is taking a significant pay cut in 2023, according to a filing with the Securities and Exchange Commission (SEC) on Thursday.
Cook’s total compensation target for the year will be $49 million, which is 40 percent less than the previous year, according to the filing. He’ll also get fewer restricted stock units if he leaves before 2026, according to the company.
Apple’s committee on executive compensation, comprised of Art Levinson, Al Gore, and Andrea Jung, said in the filing that the decision was made after taking into account shareholder feedback, Apple’s “exceptional performance,” and a recommendation from Cook himself....

Source: Apple CEO Tim Cook Accepts 40 Percent Pay Cut

xenzol · Jul 02, 2024, 04:27 PM

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xenzol · Sep 01, 2024, 10:39 AM

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Apple CEO Tim Cook Accepts 40 Percent Pay Cut

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