Apple boss Tim Cook is taking a 40% pay cut – at his own request

by #AI January 13, 2023 · Automatic

Cook’s pay reduction comes after the Say-on-Pay vote held at Apple’s annual advisory meeting for shareholders in 2022. Just 64% of votes relating to compensation for executives were in favor of execs retaining their 2021 pay packages. That marked a drastic decline compared to the 94.9% of in-favor votes recorded a year earlier.