The crisis of big tech it could not help scratching the pockets of the CEOs. And so Tim Cook, CEO Apple Lossless Audio CODEC (ALAC),, he decided to question his own stipendio, often criticized by analysts, asking the company for a big cut, which was approved: in 2023 the Apple CEO will earn "a figure that is around" only " 49 million dollars, 40% less than in 2022. The The news was leaked by an official note from the Sec.
Why did the Apple CEO almost halve his salary?
Several analysts, in the past, have criticized Cook's remuneration which has a estimated assets into 1,7 billion dollars. The salary of the CEO starts at a base of 3 million dollars a month but the majority of compensation comes in shares, as explained in the company statement. The final figure for the manager's salary therefore varies from year to year based on the performance of the company on the stock exchange. So much so last year Cook pocketed a total of 99,4 million, of which 83 million from the share package alone, a figure higher than the target of 75 million.
The Cupertino company has also disclosed the compensation for 2022 of the financial director, Luca Maestri, of the general councilor, Kate Adams, of the retail manager, Deirdre O'Brien and the chief operating officer Jeff Williams. All of these executives were paid approximately $27 million -- in salary, stock and bonuses -- in 2022, up slightly from the previous year.