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Apple Chief Executive Tim Cook To Take 40% Pay Cut This Year

RedFM News
RedFM News

04:33 13 Jan 2023


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Apple chief executive Tim Cook is to take a pay cut of more than 40 per cent this year.

His basic salary and bonus - worth around 9 million dollars - will remain the same, but his share awards will be restricted.

His compensation will depend on the company's performance, after some shareholders complained about the tech giant's recent supply chain issues.


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