Tim Cook’s $50M pay cut, CEO compensation packages & Acquire.com's CEO Andrew Gazdecki | E1658
This Week in Startups
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The Compensation Committee at Apple Reached Out to Institutional Shareholders
The compensation committee at Apple, which is comprised of Art Levinson, Al Gore and Andrea Jung, JUNG said it reached out to institutional shareholders actually to ask how they felt about Cook's pay. In 2021, what they call it a say on pay vote, 64% of shareholders approved of his compensation. And that was down from the 95% that approved it for Apple's 2020 fiscal year.
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