3 ms·
> Apple execs might have convinced themselves that they are entitled to ... pretty much everything Here I fixed your quote. Including in everything is the $75
by maerF0x0 5y ago
> Apple execs might have convinced themselves that they are entitled to ... pretty much everything
Here I fixed your quote.
Including in everything is the $750M bonus Tim Cook received[1]. We've seen that exec comp is inversely correlated with performance[2] and buy backs only cause greater equity packages to be issued (doesn't reduce the dilution)
[1]: https://www.voanews.com/a/usa_apple-ceo-brings-home-750-million-bonus/6210058.html https://www.voanews.com/a/usa_apple-ceo-brings-home-750-mill...
[2]: https://archive.fo/uSTWs https://archive.fo/uSTWs - https://www.nytimes.com/2015/06/07/business/stock-buybacks-that-hurt-shareholders.html https://www.nytimes.com/2015/06/07/business/stock-buybacks-t...
[3]: https://cooleypubco.com/2016/07/25/new-study-shows-inverse-correlation-between-ceo-pay-and-performance-over-the-long-term/ https://cooleypubco.com/2016/07/25/new-study-shows-inverse-c...