2 ms·
What you say is true. The comment I was responding to mentioned other tech ceo's with a token or no salary. Regardless, Cook already owns a massive amount of s
by Alupis 4y ago
What you say is true. The comment I was responding to mentioned other tech ceo's with a token or no salary.
Regardless, Cook already owns a massive amount of stock. The PR event, and the eventual rise in Apple's price will reward Cook massively over the long term.
It also paves the way for a dramatic increase in total compensation when the economy gets back to normal and Apple share price rises with the tide naturally.
- cma 4y agoThe PR will fade, obviously his reduction isn't going to impact the stock enough to make up for it to him when multiplied by his minor fraction of the total (Cook owns around 0.02% of Apple). It will make up for it multiplied across all non-Cook Apple shares, but isn't that the point?