Tim Cook Takes Pay Cut

Apple CEO Tim Cook is taking a 40 percent pay cut in 2023 and will earn $49 million (roughly Rs. 399 crore) for the year. Apple took the decision after they received investor guidance and a request from Cook himself to adjust his pay. For 2022, Cook received compensation of $99.4 million (roughly Rs. 809 crore), including $3 million (roughly Rs. 24...

Apple Inc. is cutting Chief Executive Officer Tim Cook's compensation by more than 40% to $49 million in 2023, citing investor guidance and a request from Cook himself to adjust his pay.

Apple CEO Tim Cook is taking a 40 percent pay cut in 2023 and will earn $49 million (roughly Rs. 399 crore) for the year. Apple took the decision after they received investor guidance and a request from Cook himself to adjust his pay. For 2022, Cook received compensation of $99.4 million (roughly Rs. 809 crore), including $3 million (roughly Rs. 24...

Apple Inc. is cutting Chief Executive Officer Tim Cook's compensation by more than 40% to $49 million in 2023, citing investor guidance and a request from Cook himself to adjust his pay.