Apple’s head asks for cash reward to be lowered due to investor dissatisfaction

No time to read?
Get a summary

Apple CEO Tim Cook’s 2023 salary cut to $49 billion watch pointer. It is known that Cook requested a discount on the bonus because the investor was not satisfied with the CEO’s salary last year.

In 2022, Cook’s total compensation was $99.4 million, including a $3 million salary, approximately $83 million in stock, and $13.4 million in other bonuses. Previously, consulting firm Corporate Shareholder Services is known to have advised Apple shareholders to vote against Cook’s payment, and as a result, the above fee amount was supported by only 64% of shareholders – an extremely low percentage of approval compared to previous years. The CEO took note of the results of the vote and deliberately cut his bonus.

It is recorded that the average annual salary of an Apple employee in 2022 is 84.4 thousand dollars, which is 1177 times less than Tim Cook’s salary.

Formerly socialbites.ca we talked about itThat Apple plans to create a gadget rejected by Steve Jobs.

No time to read?
Get a summary
Previous Article

Controversy over the discharge of irradiated water into the sea in Fukushima

Next Article

‘King of Cachopo’ to seek protection in Constitutional Court