Apple Boss Tim Cook Faces Backlash to £73m Pay Package

about 2 years in Mckoys News

Investors are being urged to vote against a $99m (£73m) pay package awarded to Apple boss Tim Cook last year. Institutional Shareholder Services (ISS) said it has “significant concerns” over the size of the award, up from $14.8m the year before. Mr. Cook, whose net worth is reportedly more than £1bn, received the payment in shares, salary, and for other costs. Mr. Cook, 61, who has often spoken publicly about his concerns over equality and human rights issues, said in 2015 that he would give away his entire fortune before he dies. According to ISS, Mr. Cook’s pay was 1,447…

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