Apple CEO Tim Cook has just set an example for all of the rest of the industry by taking a 40% pay cut in 2023. We did the math and determined that Apple at $150,000 head could save about 333 jobs with that 50 mil. The way these companies should work is some large percentage of the board members, certainly comp committee should be by the percentage ownership in the company.
Molly and Jason dive deep into the recent news of Tim Cook, the CEO of Apple, taking a $50 million pay cut. They discuss this move's implications and whether CEOs are worth their large compensation packages. (1:24) Andrew Gazdecki, CEO of Acquire.com, joins Jason for a fun interview discussing Acquire.com's rebrand and the acquisition marketplace. (24:47)
(0:00) Molly kicks off the show
(1:24) CEO of Apple, Tim Cook takes a $50M pay cut
(11:51) LinkedIn Marketing - Get a $100 LinkedIn ad credit at https://linkedin.com/thisweekinstartups
(13:21) Are CEOs worth their compensation packages?
(23:18) Notion - Sign up for FREE at https://notion.com/jason
(24:47) Andrew Gazdecki of Acquire.com joins Jason
(40:45) Formulate - Get 25% off at formulate.co/twist
(42:02) Serial sellers, Acquire.com’s growth and M&As
FOLLOW Andrew: https://twitter.com/agazdecki
FOLLOW Jason: https://linktr.ee/calacanis
FOLLOW Molly: https://twitter.com/mollywood