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,…

108 points

If you figure each engineer costs apple $250,000 a year, that’s the equivalent of 250 engineers. Could you imagine what apple could accomplish with 5 extra engineering departments? In what world is this one guy worth that much?

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36 points
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Our world!

You know, the Clown World timeline!

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9 points
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If we use our own criteria to evaluate Apple’s success (and wage distribution), then it makes no sense from its very beginning. Just like with any company. EDIT: not started by us

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1 point

I’m pretty sure that you could use one of those departments to fully automate management. Just go full data-driven and tie salaries to revenue. The engineers can take it from there, they’re plenty smart

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-17 points

An engineer costs a lot more than that if they have health and life insurance and any other benefits through the company. Disclaimer - I don’t know if Apple employees have benefits.

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35 points
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Like, 10% more. Don’t think that really changes the comparison.

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3 points
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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.

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8 points
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As an (mechanical) engineer, this is bullshit

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-68 points

In what world is this one guy worth that much?

Are you serious? He’s worth way more than 63m, he’s the best CEO of any company in recent memory. The growth of Apple under Tim Cook will be studied for a long time.

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27 points

I got a picture of his ass in my wallet, if you just wanna kiss that.

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14 points

Why do you have a picture of his ass in your wallet though?

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-25 points

Not interested.

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7 points

he won’t see this

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6 points
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Obviously the best CEO of all time was VOC’s CEO. Other CEOs are pale in comparison and should learn from his revolutionary leadership such as raising private army, monopolizing spice trades, divide-and-conquering local kingdoms, and burning local crops to control commodities price /s

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-14 points

He’s in for a shout for sure.

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2 points

What makes him the best?

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-22 points

https://ycharts.com/companies/AAPL/market_cap

He took over 8 years before the start of this graph.

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50 points

Poor bastard. It’s going to be a challenge living on an eight digit salary, making more in half a day than I do in a year…

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10 points

a year? i don’t make that much in 10!

i could live a whole long life with what this guy makes in a week.

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16 points

You make less than 9k a year? Are you a teenager, or living in a low cost country?

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12 points

I tend to exaggerate, but my actual income is just under €12,000 a year. Adult german but can’t work full time for health reasons. But even with a average income here you would rarely go over 25.000€, which is still a joke in comparison what this guy makes.

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48 points

That poor, poor man. My heart goes out to him.

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3 points

He’s about to quit Netflix and avocado toasts SMH

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43 points

Poor guy. Better start a gofundme right now.

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7 points

You could buy an Apple branded polishing cloth. Pretty much the same as a donation.

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4 points

I would but I’m afraid my android phone is not on the list of compatible devices 😞

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23 points

I bet he still tastes great with some BBQ sauce on. Eat that fat cunt.

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3 points

Would it even be cannibalism? I’m pretty sure all the billionaires are some form of reptiles.

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