3 ms·
Of course the shareholders would put up with it, they have been hoping for dividends for a long time now. It's not like Tim Cook would be giving himself a bonus
by phaus 14y ago
Of course the shareholders would put up with it, they have been hoping for dividends for a long time now. It's not like Tim Cook would be giving himself a bonus, the money is already his. Part of his compensation at Apple is his stock, so He should have taken the dividends that were owed to him. Anyone who would be upset by that should either start donating a portion of their salary to whomever they work for, or quit complaining.
- georgespencer 14y agoYou miss the point. The majority of shareholders would put up with it in the main. The tech press, hungry for an Apple story, would not. A minority of shareholders might react badly. Therefore the smart thing is not to stupidly say "give a portion of your salary to whomever you work for if you don't like it", but to avoid the issue altogether.
- phaus 14y agoI understand that the media may try to portray it in a negative light, but it's a ridiculous position to take. When Cook became the CEO, he was issued more stock, this implies that the company wants and expects for him to profit off of any potential earnings it may bring him. Tim Cook can give away his money however he likes, but 75 million dollars is still a huge amount even if one is a billionare.