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Evening Standard
Evening Standard
Technology
Saqib Shah

Apple CEO Tim Cook to take a 40% pay cut this year

Tim Cook Apple

Apple CEO Tim Cook looks at a new iPhone 14 Pro during an Apple special event in September

(Picture: Justin Sullivan / Getty Images)

Apple CEO Tim Cook will see his annual pay slashed by 40 per cent this year to $49 m (£45.1 m).

A regulatory filing revealed that Cook requested the reduction following criticism from Apple shareholders.

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