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.

How does Tim Cook's wealth impact his pay cut?

What role does equity play in the compensation of CEOs like Tim Cook?

What factors influence CEO compensation according to the text?

In what ways does maintaining a good relationship with investors matter for CEOs?

What concerns did investors express at the annual meeting?