Top Apple executives got roughly 36% lower bonuses for 2019, Apple reported on Friday, reflecting what was a weaker year for Apple. CEO Tim Cook took home $7.6 million in bonus, down from $12 million in 2018. Both bonuses were on top of his $3 million annual salary. Apple’s CFO Luca Maestri, general counsel Kate Adams and COO Jeff Williams each earned bonuses of $2.55 million, down from $4...
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Exclusive from The Electric: GM’s New CTO Exits After One Month In the Job
General Motors’ chief technology officer, Gil Golan, is leaving the job after one month, according to an internal company memo distributed today, parts of which were seen by The Electric. Golan’s departure, effective Nov. 1, comes one week after a profile in The Electric in which he described a plan to aggressively expand the company’s work in batteries, create a “dream team” of battery...
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