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Apple CEO Tim Cook's total pay drops to $63 million for 2023. (9to5mac.com)

submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Apple CEO Tim Cook's total pay drops to $63 million for 2023.::Apple today published its annual proxy statement for investors, revealing a number of details about executive compensation, shareholder proposals, and more. Notably,...

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[–] abaddon@lemmy.world 3 points 10 months ago* (last edited 10 months ago)

250k is probably below the average pay for an Apple engineer, not to mention other costs and benefits. ICT3 numbers (just above entry level SDE) are 230k and ICT4 are 340k. 500k isn't that difficult at the more competitive software companies located in tier 1 and 2 markets. But yes, CEOs and E levels make far too much for their impact.