News Summary

• “We’re deeply grateful to Al and James for their many years of service to Apple — their insights, energy, and values have made us a stronger company in so many ways,” Cook said in a press release..
• By Dade Hayes, Jill Goldsmith Former Vice President Al Gore will be departing from Apple‘s board of directors after a 21-year run due to the company’s mandatory retirement age, the tech company said today..
• In a proxy statement filed with the SEC, Apple disclosed the shareholder meeting date and also detailed the compensation packages of top executives..
• In the cases of Gore and Bell, Apple noted that it has “a longstanding policy that directors generally may not stand for reelection after reaching age 75.” Both have reached the milestone in the past few months..
• Three other members of the top exec team – CFO Luca Maestri, General Counsel Kate Adams and COO Jeff Williams – took home $27 million in 2023, while Retail SVP Deirdre O’Brien was a shade behind them at $26.9 million..
• “For more than 20 years, Al has contributed an incredible amount to our work — from his unconditional support for protecting our users’ privacy, to his incomparable knowledge of environment and climate issues..