Thursday January 12, 2023 2:17 p.m. PST by Joe Rossignol
Apple CEO Tim Cook's full compensation was $99.4 cardinal successful 2022, according to an SEC filing released today. His compensation included a $3 cardinal salary, astir $83 cardinal successful banal awards, and $13.4 cardinal successful different forms of compensation. Cook's full compensation successful 2021 was $98.7 cardinal by comparison.
Cook volition beryllium taking a important wage chopped successful 2023, arsenic noted by Bloomberg's Mark Gurman. Based connected shareholder feedback and Cook's ain enactment for the change, the filing indicates that his people compensation for 2023 volition beryllium $49 million, which would beryllium little than fractional of his full compensation successful 2022.
Ahead of Apple's yearly shareholders gathering connected March 10, Cook shared a connection to shareholders reflecting connected the past year, with an excerpt below:
The planetary challenges with america each contiguous — from inflation, to warfare successful Eastern Europe, to the enduring impacts of the pandemic — marque this a clip for deliberate and thoughtful action. But it is not a clip to retreat from the future. We’ve ever tally Apple for the long-term, and that means continuing to put successful innovation, successful people, and successful the affirmative quality we tin marque successful the world.
Today, we person the strongest lineup of products and services we’ve ever had, and our exertion has ne'er shown up for our users successful much ways. And our latest innovations are helping truthful galore of america harness our creativity, link with loved ones, find amusement and joy, and unrecorded safer, healthier lives.
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