Apple CEO Cook Takes More Than 40% Pay Cut

The video discusses Tim Cook's significant pay cut and its implications. Despite the reduction, Cook remains wealthy due to his long tenure and equity compensation at Apple. The focus is on maintaining good investor relations, especially after concerns about executive pay were raised at Apple's annual meeting. The board's response aims to address these concerns and ensure continued investor confidence.

What is the primary reason for Tim Cook's pay cut?

• To align with stock performance

• To reduce company expenses

• To increase his wealth

• To comply with legal requirements

How has Tim Cook's wealth been primarily accumulated?

• Through salary increases

• By investing in other companies

• Via large share price growth and equity

• Through real estate investments

Why is pay not a major factor for CEOs like Tim Cook?

• They focus on stock performance and equity

• They have other sources of income

• They are not interested in money

• They prefer bonuses

What concern did investors voice at Apple's annual meeting?

• The design of new products

• Apple's executive pay practices

• The company's environmental policies

• The company's marketing strategy

How is Apple maintaining a good relationship with investors?

• By increasing dividends

• By responding to concerns about executive pay

• By launching new products

• By reducing product prices