Apple Inc. has announced an 18% increase in CEO Tim Cook’s compensation, raising his total pay for fiscal year 2024 to $125 million. This increase comes as the company reports strong financial performance, with record revenues and successful product launches under Cook’s leadership. His compensation package consists of a base salary, performance bonuses, and stock awards linked to Apple’s growth and innovation in areas like AI and sustainability. In addition to the pay raise, Apple has firmly opposed a shareholder proposal that sought to eliminate the company’s diversity, equity, and…
Read MoreMonday, May 19, 2025
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