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apple

Apple Cuts Cook’s Target Compensation After Shareholder Pushback

By
Martin Peers
· · Source: The Information

Apple reduced CEO Tim Cook’s “target” compensation by 40% to $49 million for 2023 after shareholder pushback to the size of the equity awards he has received in the past two years, Apple said in a securities filing. The reduction came entirely in the size of the stock awards Apple is granting Cook. The target size of the CEO’s 2023 equity award was set at $40 million, about half the value put...

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