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Benzinga
Benzinga
Business
Shivdeep Dhaliwal

Why A Prominent Advisory Firm Is Advocating For Apple Investors To Vote Against CEO Tim Cook's Pay Package

Apple Tim Cook ISS AAPL Institutional Shareholder Services United States

Proxy advisory firm Institutional Shareholder Services (ISS) is urging Apple Inc (NASDAQ:AAPL) investors to vote against CEO Tim Cook’s pay packet, which is more than a thousandfold higher than an average company employee.

What Happened: Cook’s equity award is valued at $75 million by ISS, which is 1,447 times that of an average employee at the iPhone maker, as per the company's January filing. 

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