Apple CEO Tim Cook to take 40% pay cut this year

Apple CEO Tim Cook to take 40% pay cut this year

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Apple is targeting a more than 40 percent cut to Tim Cook’s pay package in 2023, it said, at the request of the chief executive following shareholder criticism. Apple’s compensation committee decided to award Cook total “target compensation” of $49 million, down from a target of $84 million a year…

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