TLDR · BIG TECH & STARTUPS

TIM COOK'S CEO-LIKE PAY PACKAGE SHOWS HE ISN'T GOING ANYWHERE

links.tldrnewsletter.com13 min read

Summary from the TLDR newsletter

Tim Cook remains a powerful center of gravity at Apple. He will play an especially crucial role in certain areas, such as the company's dealings with the US and China, and its handling of the memory shortage. Cook will get a base salary of $2 million, twice the typical base salary of senior vice presidents and members of the C-suite. He will also receive cash bonuses and stock units that vest over time. The salary clearly shows that Cook's role will be very active.