Tim Cook takes 40% pay cut as Apple CEO

By Jenny Goldsberry

Published January 13, 2023 6:23pm ET

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Tim Cook takes 40% pay cut as Apple CEO — Apple CEO Tim Cook will be receiving a salary that’s 40% less than last year at $49 million. Cook’s pay cut, laid out in a Wednesday SEC filing, is “responsive to shareholder feedback, while continuing both to align pay with performance and to recognize Mr. Cook’s outstanding leadership,” according to the filing. He also personally […]

Apple CEO Tim Cook will be receiving a salary that’s 40% less than last year at $49 million.

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