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Tim Cook's Pay Cut: Apple CEO's Compensation
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Apple CEO Tim Cook experiences a significant pay cut of over 36% to about $63.2 million in 2023, in response to shareholder feedback and Cook's request. The base salary remains unchanged at $3 million, while stock awards have decreased to about $47 million.
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How does this pay cut reflect on Apple's corporate governance and transparency?
In what ways could this change in compensation strategy influence Apple's future executive recruitment and retention?
What impact might Tim Cook's pay cut have on Apple's stock performance and investor confidence?
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