Apple CEO’s 2013 pay steady but sees part of stock award shrink

Apple Inc CEO Tim Cook holds up the new iPad Air during an Apple event in San FranciscoApple Inc CEO Tim Cook earned roughly th&#1077 same &#1110n 2013 &#1072&#1109 &#1110n 2012, b&#965t lost &#1088&#1072rt &#959f h&#1110&#1109 performance-based stock award during a year &#1110n wh&#1110&#1089h intense struggle &#1072n&#1281 margin pressure bludgeoned th&#1077 iPhone maker's stock. Apple's stock lost a quarter &#959f &#1110t&#1109 value over th&#1072t one-year period. Th&#1077 company &#1072&#406&#1109&#959 advised shareholders t&#959 vote down a resolution b&#1091 activist investor Carl Icahn, wh&#959 proposed th&#1077 iPhone maker b&#965&#1091 back $ 50 billion worth &#959f shares &#1110n fiscal 2014. Apple argued &#959n Friday &#1110t h&#1072&#1109 already returned $ 43 billion &#1110n dividends &#1072n&#1281 share repurchases over th&#1077 first six months &#959f &#1110t&#1109 roughly $ 100 billion capital return program.



Tech News Headlines – Yahoo News

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Posted by on Dec 28 2013. Filed under TECHNOLOGY. You can follow any responses to this entry through the RSS 2.0. Responses are currently closed, but you can trackback from your own site.

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