Apple CEO Tim Cook's pay rose 18% to $74.6 million in 2024

From Nasdaq: 2025-01-11 12:31:20

Apple Inc. CEO Tim Cook’s 2024 compensation increased by 18% to $74.6 million, including $3 million base salary, $58.09 million stock awards, $12 million non-equity incentive plan compensation, and $1.52 million in other compensation.

Cook’s pay package for fiscal 2023 included a $3 million base salary, $46.97 million in stock awards, $10.7 million in non-equity incentive plan compensation, and $2.53 million in other compensation.

Chief Financial Officer Luca Maestri and Chief Operating Officer Jeff Williams both received pay packages of $27.1 million in 2024, slightly up from the previous year’s $26.9 million each.

Investors will vote on four outside proposals at the upcoming meeting on Feb. 25, including a shareholder proposal to end Apple’s diversity program, which the company opposes citing legal and regulatory risks.



Read more at Nasdaq: Apple CEO Tim Cook’s Pay Rises 18% To $74.6 Mln In 2024