Re:Tim Cook Faces Surprising Employee Unrest at Apple
by Bud on Saturday September 18, 2021 @12:49PM
(#28577544)
Yes, it actually does, because the value of his compensation, 98% or so of which is in stock, would be worth over 10 times less right now if it were not for Tim Cook's performance as CEO. That makes a rather big difference, in my view.
It also changes the argument meaningfully in a second way: liquidity. Tim Cook can't just go sell all that stock right now, since that would cause a rather big panic and also rob him of a lot of its value. Which means he could not actually pay all those folks' salaries.
Whether my point is "interesting" is up to you. Whether it's factual isn't. It's factual.
It also changes the argument meaningfully in a second way: liquidity. Tim Cook can't just go sell all that stock right now, since that would cause a rather big panic and also rob him of a lot of its value. Which means he could not actually pay all those folks' salaries.
Whether my point is "interesting" is up to you. Whether it's factual isn't. It's factual.