Friday, 24 March, 2023

Apple CEO Tim Cook’s Target Compensation Will Be Lowered By 40 % In 2023

<p>In a recent regulatory filing, it was revealed that Tim Cook&#39;s projected remuneration will be reduced by $35 million. His stock reward was valued at $75 million in 2022, while this year the projection is $40 million, down from $84 million in 2022 to $49 million in 2023. That represents a decline of more than 40%. His $3 million base pay and $6 million yearly cash bonus will not change.</p>