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Apple CEO Tim Cook requests and receives a 40% pay cut after shareholder vote

Apple CEO Tim Cook requests and receives a 40% pay cut after shareholder vote

Tim Cook, chief executive officer of Apple Inc., speaks during a “First Tool-In” ceremony at the TSMC facility under construction in Phoenix, Arizona, on Tuesday, Dec. 6, 2022.

Caitlin O’Hara | Bloomberg | Getty Images

Apple CEO Tim Cook will receive a pay cut in 2023 to $49 million in total compensation, the company said in a

with the SEC.

Cook requested the change, Apple said in the filing, following a shareholder vote on his pay…

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