It has been revealed Apple CEO Tim Cook was compensated $99.4 million in 2022, in a combination of stocks and salary.
However, Cook will be receiving a “pay cut” based on both shareholder feedback and his recommendation, going down to $49m.
Despite the pay cut, Apple’s Compensation Committee said the company had “exceptional performance” in 2022 under the leadership of Cook, who has served as CEO since 2011.
