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Apple CEO Tim Cook to take more than 40% pay cut

Por: WPLG Local 10 Tech January 13, 2023

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Apple CEO Tim Cook will take a more than 40% pay cut this year from a year earlier as the company adjusts how it calculates his compensation partly based on a recommendation from Cook himself. Apple Inc. said in a regulatory filing late Thursday that Cook's target total compensation is $49 million for 2023, with a $3 million salary, $6 million cash incentive and $40 million in equity awards.Last March the Cupertino, California, company... + full article



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