Salary above Rs 740 crore .. War against Apple CEO ..?

 Tim Cook, the CEO of US tech giant Apple, has a salary + bonus of over Rs 740 crore in today's Indian Rupee. Tim Cook, who took office in 2011, is expected to extend his tenure until 2025.

In this case, his salary is determined according to the share value of the company each year.




How much salary?

Tim Cook's salary is $ 3 million. Even though his salary is low, the benefits available to him are almost $ 99 million. In 2021, Tim Cook's salary will be $ 3 million. In addition, $ 82.3 million worth of shares were awarded.


Total Salary + Allowance

These include $ 12 million in non-equity incentives and $ 1.39 million in incentives for other benefits, including air allowances. His total salary in 2021 will be $ 98.7 million. It was also $ 14.8 million in the previous year. Its present value is over 740 crore rupees.





What was the previous situation?

His salary in 2019, 2020, and 2021 is only $ 3 million. His equity share will be 82,347,835 shares in 2021. None of the data is as accurate as it was in previous years. The same non-equity incentive will be 12 million in 2021. It was over 10 million and 7 million in previous years. Similarly, other incentives will be higher in 2021 compared to 2019 and 2020.


Vote against

Tim Cook's share incentive is said to be 1447 times the average salary of an employee working at Apple. Meanwhile, the Institutional Shareholder (ISS), a consulting firm, is urging Apple investors to vote against Tim Cook's salary. However, no complete information has been released about this.

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