Apple Investors Approve Executive Pay, Reject China Proposal (2)

Apple Inc. shareholders voted to approve the company’s latest executive pay packages and reject an outside proposal for an audit of its China operations, according to preliminary tallies.

The iPhone maker shared the results on Tuesday during its annual meeting of shareholders, which was held virtually. Apple Chief Executive Officer Tim Cook and outgoing General Counsel Kate Adams led the proceedings, with Adams giving opening remarks and Cook taking questions from investors.

Ahead of the meeting, Apple asked shareholders to approve proposals related to the pay packages and the board, and ratify Ernst & Young LLP as its independent auditing ...