Apple Inc. investors reelected its board, approved its compensation plan and rejected the shareholder proposals that the company opposed, giving the iPhone maker a clean sweep during its annual meeting.
A preliminary tally of the votes showed that the four measures Apple supported, including its board slate and compensation, were approved Friday. The five shareholder measures that it asked investors to reject failed to gain enough votes to pass.
The company had sought to stave off investor concerns about compensation in the run-up to the shareholder meeting. Apple said in January that Cook’s pay package for 2023 would decline more than