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Tim Cook scores $47 million pay deal to stay on as Apple's chairman

Source: businessinsider.com

Management & Governance
Tim Cook scores $47 million pay deal to stay on as Apple's chairman

Tim Cook will earn about $47 million annually in salary and stock awards as Apple’s chairman after stepping down as CEO following 15 years in the role. The announcement is largely governance/compensation focused and doesn’t signal immediate operational change.

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