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Apple Shareholders approved the annual compensation for Apple's CEO and Apple announces a return to work date

1 cover Tim Cook CEO Apple

 

Despite intense opposition, it's being reported this morning by Reuters that Apple Inc (AAPL) shareholders approved Chief Executive Officer Tim Cook's annual compensation in a virtual meeting on Friday, rejecting some investor concerns over the magnitude of his equity award.

 

Cook, who took the helm in 2011, last year received a compensation package with a total value of $98.7 million, a sum 1,447 times that of the average employee, thanks to a stock grant as part of a long-term equity plan.

 

In other Apple news, the company has set April 11 for employees to return to work. The news comes more than two years after the majority of Appleā€™s corporate workforce started working from home because of the Covid-19 pandemic.

 

10.0F - Apple News

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