Author: Richard Lawler
Illustration by Alex Castro / The Verge
At Apple’s annual shareholder meeting, investors in the company had more to consider than just how much money CEO Tim Cook and other executives stand to make — last year, the compensation for running a $2 trillion company added up to nearly $99 million for Cook. Instead, certain shareholder proposals brought up issues with social and cultural impact, like addressing forced labor, pay equity, and employee NDAs. On Friday, for the first time in years, two proposals actually passed (via CNET).
Bloomberg reports shareholders (unsurprisingly) opted to re-elect the same board of directors and approved the executive pay package outlined in the 2022 proxy statement. They also followed Apple’s recommendation in voting on eight of the ten...
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Illustration by Alex Castro / The Verge
At Apple’s annual shareholder meeting, investors in the company had more to consider than just how much money CEO Tim Cook and other executives stand to make — last year, the compensation for running a $2 trillion company added up to nearly $99 million for Cook. Instead, certain shareholder proposals brought up issues with social and cultural impact, like addressing forced labor, pay equity, and employee NDAs. On Friday, for the first time in years, two proposals actually passed (via CNET).
Bloomberg reports shareholders (unsurprisingly) opted to re-elect the same board of directors and approved the executive pay package outlined in the 2022 proxy statement. They also followed Apple’s recommendation in voting on eight of the ten...
Continue reading…
Continue reading...