Apple CEO Tim Cook’s salary is more than the annual income of 32 thousand people of India

Tim Cook Salary: Do that the salary of Tim Cook, CEO of IT big Apple, is more than the annual income of 32 thousand people of India. After the 18 % hike, Tim Cook’s annual salary of $74.6 million could be simply calculated by evaluating it with India’s common annual per capita income of Rs 1,84,205. Apple has just lately introduced to extend the annual salary of its CEO by 18 %. In this manner, his salary has elevated from $63.2 million in 2023 to $74.6 million in 2024.

Tim Cook’s inventory award worth cited(*32*)

According to a Bloomberg report, Apple has cited the award worth of Team Cook’s inventory as the motive behind growing his salary a lot. This resolution of Apple has come simply earlier than the firm’s Annual General Meeting i.e. AGM to be held on February 25. Voting can even happen in the AGM on 4 proposals acquired from traders together with Tim Cook’s salary. Apart from these, Apple administration has opposed bringing different proposals in the AGM. Apart from 4 proposals, all the relaxation have been blocked.

Apple’s variety, fairness, inclusion program won’t cease(*32*)

A proposal has additionally been introduced by an investor to shut the Diversity, Equity and Inclusion program working in Apple, but it surely was rejected even earlier than it might be taken to the AGM. It has been clearly said on this proposal that this program won’t be stopped. This is not selling discrimination from anyplace. The authorized dangers arising from this have additionally been assessed. It is recognized that beneath this program, Apple provides place to people from completely different communities at completely different ranges in its firm. It additionally follows the coverage of treating all of them equally. After Donald Trump was elected president, many corporations, together with Harley Davidson, McDonald’s and Walmart, have both reduce or eradicated variety packages.

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