Apple CEO Tim Cook will slash his 2023 pay after shareholders feedback

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Apple CEO Tim Cook is planning to cut his 2023 pay by half after shareholder feedback. In 2022, Cook was paid roughly 99 million dollars, according to SEC filings.

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Easier for a camel to walk through the eye of needle then for a rich man to enter into eternal life.

James-medw
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I feel so sorry for Tim Cook...he only gets $44M now instead of $90M.

patnelson
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OMG! Cook may have to actually have to think he may have to Cook a meal for himself!

jefferyyounce
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Man this is so sad. Hows a guy supposed to survive on 44 million a year? Does he have a go fund me acct?

robodd
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It’s a commendable gesture that does nothing to address the real issues. When Apple starts recognizing the rampant exploitation festering in the low end of the supply chain they just might garner some credence as a voice of ethical stewardship.

SamuelMcMillin
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When you are worth over $1.5 billion dollars and "only" going to make $49 million a year, it's kind of hard to feel sorry for you. Based on a 40 hour work week, that is still about $25k an hour.

shankroidbeast
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It doesn’t matter....he still pays less tax

eleventree
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FIRE Tim Cook unless he brings back the 27'' iMac.
I'm furious at the how Apple products increase in price, while eliminating features that we have to now buy separately, like dvd, jacks etc... Still no adjustable screen (height), unless you have a spare $400.00. WTF?

waynelynch
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So he will still make $45, 000, 000 this year. What a charitable human being he must be. Thanks for reporting more crap NBC.

vespitts
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Is the pope going to ordain him a saint now too?

commonsense
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What we should do is give pay cuts to politicians who don’t fulfill what the promise when elected into office. Watch things get done then.

lubbadubdub
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What about that 4$ 12 pack your buying for 10-13$ And before that it was a 3$ 12 pack for 6-8$ hmm

js
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Have no apple phone or computer me and my kids are not pa mail thieves either

Rain-oryx
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This gayguy really isn't being overpaid, even at 99 at Apple's financials, they've made $99 billion in profit the past trailing 12 if the leader of the company gets 99 million, you're giving him 0.1% of the profit, not outrageous. Few people can manage a company with 130, 000 employees, while ensuring that kind of success.

JK-brmu
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NBC won't tell you is about where do they get the Cobalt from to make those phones

jackbenimble