Here’s How Much Bonus Tim Cook, Mark Zuckerberg And Other Tech CEOs Made During the Pandemic: All Details
2 years, 8 months ago

Here’s How Much Bonus Tim Cook, Mark Zuckerberg And Other Tech CEOs Made During the Pandemic: All Details

News 18  

The bonuses of CEOs at the top 10 tech companies soared a massive 400 per cent on average during the pandemic between 2020 and 2021, a new report indicated. Tan Hock Eng – Broadcom He was the highest gainer by a whopping 1,586 per cent, from $3.6 million to $60.7 million, according to data acquired by financial news portal Finbold. Tim Cook – Apple The Apple CEO recorded a bonus surge of 571.63 per cent which got his earnings to move from $14.7 million to $98.7 million. Reed Hastings – Netflix Among the CEOs of top technology companies, Hastings saw his earnings drop by 19.68 per cent to reach $34.7 million.

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History of this topic

CEOs made nearly 200 times what their workers got paid last year
6 months, 3 weeks ago

CEOs made nearly 200 times what their workers got paid last year

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. At half the companies in AP's …

CEOs got hefty pay raises in 2023, widening the gap with the workers they oversee
6 months, 3 weeks ago

CEOs got hefty pay raises in 2023, widening the gap with the workers they oversee

LA Times  

The typical compensation package for chief executives who run companies in the Standard & Poor’s 500 jumped nearly 13% last year, easily surpassing the gains for workers at a time when inflation was putting considerable pressure on Americans’ budgets. At half the companies in AP’s annual pay survey, it would take the worker at the middle of the company’s pay …

Wondering why Tim Cook earned less in 2023? Here's the answer
11 months, 1 week ago

Wondering why Tim Cook earned less in 2023? Here's the answer

India TV News  

Have you ever wondered about Tim Cook's paycheck as Apple's CEO? Well, for the fiscal year 2023, Cook earned a substantial $63.2 million, but surprisingly, it's less than what he made in 2022. Breakdown of Tim Cook's Compensation In the recent filing with the Securities and Exchange Commission, it was disclosed that Cook's compensation for 2023 included: Base salary: $3 …

Tim Cook's salary dipped by ₹300 crore in 2023. How much did he earn?
11 months, 1 week ago

Tim Cook's salary dipped by ₹300 crore in 2023. How much did he earn?

Hindustan Times  

Apple chief executive officer Tim Cook earned $63.21 million dollars as compensation in 2023, less than what he got in 2022, the iPhone maker stated in its proxy filing with the US Securities Exchange Commission. In its proxy filing, Apple said that Cook earned $3 million as a salary in 2023. The Apple Vision Pro, according to the Cupertino-based technology …

Here's How Much Apple CEO Tim Cook Has Made By Selling Thousands Of Shares
1 year, 2 months ago

Here's How Much Apple CEO Tim Cook Has Made By Selling Thousands Of Shares

News 18  

– Apple Chief Executive Officer Tim Cook made $41.5 million after taxes in his biggest share sale in two years, a U.S. securities filing showed. The Apple chief owns about 3.3 million shares, valued at about $565 million, following the sale, the filing showed. Apple launched its new iPhone 15 lineup last month, without raising prices, a move that some …

Meta employees question CEO Mark Zuckerberg for paying bonuses up to Rs 7 crore during company-wide layoffs
1 year, 7 months ago

Meta employees question CEO Mark Zuckerberg for paying bonuses up to Rs 7 crore during company-wide layoffs

India Today  

Meta has announced its decision to lay off as many as 21,000 people till now. This did not go down well with many Meta employees who reportedly called out CEO Mark Zuckerberg for handing out large bonuses to some employees amidst layoffs at the company. Meta employees question Mark Zuckerberg According to a report in the Wall Street Journal, Mark …

Google CEO Sundar Pichai’s pay soars over $200 million in 2022 amid cost-cutting
1 year, 8 months ago

Google CEO Sundar Pichai’s pay soars over $200 million in 2022 amid cost-cutting

Hindustan Times  

The pay package awarded to Alphabet Inc. Chief Executive Officer Sundar Pichai soared to $226 million in 2022, boosted by a triennial stock grant, making him one of the world’s highest-paid corporate leaders. The stock award portion of his pay amounted to $218 million, according to a filing from the Google parent company Friday. Apple Inc. CEO Tim Cook slashed …

Apple May Not Announce Job Cuts Like Other Big Tech Companies. Here's Why
1 year, 10 months ago

Apple May Not Announce Job Cuts Like Other Big Tech Companies. Here's Why

ABP News  

Amid Big Tech companies like Amazon, Meta and Microsoft announcing job cuts running into thousands, Apple is yet to do so and may not plan to terminate employees as it never hired at the pace at which other tech giants did, say analysts. According to Wedbush tech analyst Dan Ives, Apple CEO Tim Cook, who has taken a hefty salary …

Apple CEO Tim Cook to take more than 40% pay cut
1 year, 11 months ago

Apple CEO Tim Cook to take more than 40% pay cut

Associated Press  

Apple CEO Tim Cook will take a more than 40% pay cut this year from a year earlier as the company adjusts how it calculates his compensation partly based on a recommendation from Cook himself. Apple Inc. said in a regulatory filing late Thursday that Cook’s target total compensation is $49 million for 2023, with a $3 million salary, $6 …

Apple CEO Tim Cook takes 40% pay cut. His new salary is...
1 year, 11 months ago

Apple CEO Tim Cook takes 40% pay cut. His new salary is...

Hindustan Times  

Apple Inc. is cutting Chief Executive Officer Tim Cook’s compensation by more than 40% to $49 million in 2023, citing investor guidance and a request from Cook himself to adjust his pay. The company also plans to “position Mr. Cook’s annual target compensation between the 80th and 90th percentiles relative to our primary peer group for future years,” Apple said. …

Tim Cook feels his salary is too high, Apple cuts it by almost 50 per cent
1 year, 11 months ago

Tim Cook feels his salary is too high, Apple cuts it by almost 50 per cent

India TV News  

Tim Cook Salary: In a surprise move, Apple CEO Tim Cook announced that he will be taking a significant cut to his salary, reducing it by almost 50 per cent. Cook said he believes that a fair and reasonable salary for a CEO is one that is in line with the company's performance and the overall economic climate. He added …

Apple’s Tim Cook gets 40% pay cut after shareholder feedback
1 year, 11 months ago

Apple’s Tim Cook gets 40% pay cut after shareholder feedback

LA Times  

For 2022, Tim Cook received compensation of $99.4 million, including $3 million in base salary, about $83 million in stock awards and a bonus. Apple is cutting Chief Executive Tim Cook’s compensation by more than 40% to $49 million in 2023, citing investor guidance and a request from Cook himself to adjust his pay. The company also plans to “position …

As CEO pay grows even bigger, so does its complexity
2 years, 6 months ago

As CEO pay grows even bigger, so does its complexity

Associated Press  

NEW YORK — CEO pay is a tricky thing to explain. “There’s been such progress made in the past decade in getting pay and performance decisions correct,” said Melissa Burek, a partner at Compensation Advisory Partners, a consulting firm that helps boards formulate executive pay. Since Cook started as CEO, Apple’s stock has returned more than 1,100% and the company …

Intel CEO earned 1,711 times more than average company worker in 2021
2 years, 8 months ago

Intel CEO earned 1,711 times more than average company worker in 2021

Live Mint  

Intel Corp Chief Executive Officer Pat Gelsinger earned 1,711 times as much as the average worker at the U.S. chipmaker in just 11 months since he joined in February last year, a regulatory filing showed on Wednesday. Compared to Gelsinger, former CEO Bob Swan had earned 217 times more than the average Intel employee in 2020. Apple Inc CEO Tim …

Apple Posts Record Earnings, CEO Tim Cook Credits Innovative Team Effort
2 years, 10 months ago

Apple Posts Record Earnings, CEO Tim Cook Credits Innovative Team Effort

News 18  

Cupertino-based giant Apple has announced an all-time high revenue record of $123.9 billion, up by 11 percent year-on-year for Q1 2022. In an earnings call, Apple CEO Tim Cook announced that the company’s record-breaking results were made possible by its innovative product and services lineup. “This quarter’s record results were made possible by our most innovative lineup of products and …

Tim Cook earned over 1,400 times the average Apple worker in 2021
2 years, 11 months ago

Tim Cook earned over 1,400 times the average Apple worker in 2021

The Hindu  

Apple Inc boss Tim Cook's pay in 2021 was 1,447 times that of the average employee at the tech giant, a filing on Thursday showed, fuelled by stock awards that helped him earn a total of nearly $100 million. Cook, whose salary remained at $3 million, received $82.3 million in stock awards, $12 million for hitting Apple's targets and $1.4 …

CEO pay has soared 1,322 per cent since 1978
3 years, 4 months ago

CEO pay has soared 1,322 per cent since 1978

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A new report has found …

Apple CEO Tim Cook becomes a billionaire for the first time
4 years, 4 months ago

Apple CEO Tim Cook becomes a billionaire for the first time

India TV News  

Apple CEO Tim Cook has for the first time become a billionaire as the Cupertino-based iPhone maker broke all previous records and is now the world's most valued company at over $1.84 trillion. Last week, Apple surpassed Saudi Arabia's state-owned oil company Saudi Aramco to become the world's most valuable company. The strong earnings report helped Apple shares closed up …

Tim Cook becomes a billionaire as Apple nears $2 trillion valuation
4 years, 4 months ago

Tim Cook becomes a billionaire as Apple nears $2 trillion valuation

The Telegraph  

Apple boss Tim Cook has become a dollar billionaire after a share surge took the iPhone maker within striking distance of a historic $2 trillion valuation. Mr Cook said in 2015 that he plans to give most of his fortune away, and he has already gifted Apple shares worth millions of dollars. The chief executive's stake is small compared with …

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