Tim Cook’s $50M pay cut, CEO compensation packages & Acquire.com's CEO Andrew Gazdecki | E1658
This Week in Startups
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Tim Cook's Austerity Measures Are Kicking In
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.
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