Apple executive compensation. 3 – Advisory Vote to .

Apple executive compensation In 2024, Cook’s compensation was reported to be 650 times the median salary of Apple employees, a statistic that has sparked conversations about wage gaps and equitable pay practices in Silicon Valley. The company opposed all of them. 7% Median employee compensation $54,010 Iger pay ratio to median employee: 595. Jan 10, 2025 · Apple set a target compensation of $59 million for Cook, but Cook earned more through the cash incentive payout that executives receive when Apple performs well. Sugar, Ph. I've also created a video describing Apple's plan (it appears on the first slide) which explains some of these concepts. Jan 6, 2021 · Apple CEO Tim Cook's pay package totaled $14. He likely gets an annual fixed salary (small), followed by an annual bonus based on salary with a company performance multiplier effect, stock options grants, initial grants aren't worth much since stock price has to grow to be in the money, but options he's been granted in years past are probably worth a lot if Feb 26, 2020 · Integrating sustainability into executive compensation assessments would enhance Apple's approach. The median estimated compensation for executives at Apple including base salary and bonus is $219,096, or $105 per hour. Jan 12, 2024 · Apple CEO Tim Cook's 2023 compensation of $63,209,845 surpassed the $49 million target by 28%. The compensation implemented by Apple has enhanced the competitive advantage of the company. This is a significant decrease from $99. Apple said Cook also requested a pay cut. total yearly compensation is $63. 21M, comprised of 4. Cook's leadership ensures the company's unified approach to innovation & design Apr 12, 2021 · Can ESG be linked to executive pay in a way that avoids being overwhelmed by unintended consequences? Perhaps linking executive pay to ESG is an example of what the early 20th Century commentator H. [2] After relinquishing the CFO role to Kevan Parekh, Maestri heads the Corporate Services teams, reporting to Apple CEO Tim Cook. This strategy has helped Jul 5, 2023 · Chief executives at Pinterest, Peloton and Hertz are out-earning Apple’s Tim Cook, according to a new analysis published by the Wall Street Journal. 1 million in stock awards, and roughly $13. 6 million in 2024. 9 million in 2023. The pay ratio between Cook and the median compensated employee is 672 to 1. ERIC (AI-Powered Proxy Analysis) Extract proxy insights using AI. Jan 11, 2024 · Apple today published its annual proxy statement for investors, revealing a number of details about executive compensation, shareholder proposals, and more. According to the filing, the company will introduce a modifier to bonus payouts, increasing or decreasing bonuses by up to 10% based on executive performance with respect to Jan 6, 2020 · Apple CEO Tim Cook saw his pay drop by the largest amount of any of the executives listed in Apple's proxy statement. 5 million in 2021 alone, mostly as a part of a 10-year grant of shares worth $1. [2] May 1, 2020 · Executive Compensation Table Excerpt from Apple’s 2020 Filings To understand the significance of this table, and other corporate filings always read through footnotes and attached notes. 1 million in stock The Apple Inc. Key elements of Apple's strategy include long-term equity awards, annual performance-based cash bonuses, base salaries, and generous benefits like vacation time, holidays, and health insurance. Cook’s total target compensation. 3 million in stock awards, followed by $12 million in non-equity compensation and $1. In addition to executive compensation, investors will vote on four outside proposal at the meeting on Feb. (NASDAQ:AAPL), currently the world's largest company by market capitalization at $3. Apple CEO Tim Cook attends the world premiere of Apple Compensation Discussion and Analysis 46 People and Compensation Committee Report 61 Executive Compensation Tables 62 Management Proposals 73 Proposal No. 73 million in compensation in the company's fiscal 2021, not including more than $754,000,000 of shares from an old grant that vested. Of this total $3,000,000 was received as a salary, $12,000,000 was received as a bonus, $0 was received in stock options, $58,088,946 was awarded as stock and $1,520,856 came from other types of compensation. In addition to Cook, Apple’s top executives, including the retail chief, chief operating officer, and general counsel, also saw increased May 31, 2023 · After ballooning for years, CEO pay growth is finally slowing. Jan 10, 2025 · Apple CEO Tim Cook’s Pay Rises to $74. May 8, 2024 · Bob Iger, CEO 2023 compensation: $31. 1 million in stock Jan 12, 2024 · It was following what Apple's Compensation Committee said was a Say on Pay advisory with "broader shareholder engagement on executive compensation in 2022. Salary: $3 million ; Stock awards: $82. 3% bonuses, including company stock and options. The . 6 million in 2024, up from $63. The Compensation Committee will use the modifier to determine whether to increase or decrease bonus payouts by up to 10% based on the Compensation Committee’s evaluation of executives’ performance with respect to "Apple Values" and other key community initiatives during 2021. 7 million in 2020, roughly a 28% jump from 2019 Oct 31, 2024 · Apple's top executive tier currently consists of Cook and 11 senior vice presidents, the majority of which report directly to the CEO. 1 - Election of Directors 74 Proposal No. Jan 13, 2023 · Apple CEO Tim Cook will take a more than 40% pay cut this year from a year earlier as the company adjusts how it calculates his compensation partly based on a recommendation from Cook himself. 6 million, according to a regulatory filing. January 6, 2022. The typical compensation package for chief executives who run S&P 500 companies rose just 0. For Cook, this represents an 18% increase from last year. 6% difference. 2 Jan 6, 2021 · In the same filing, Apple disclosed that its top five executives earned a combined $120 million in 2020. 12. SEC. Apple CEO Tim Cook in London on Dec. The average Apple executive compensation is $235,778 a year. Apple's highest paid executives include: Johny Srouji $24,162,390 and Daniel J. 8 million was 256 times greater than the median Apple compensation of US$57,783. Executive compensation, especially at the pinnacle of corporate leadership, often draws public scrutiny. Jan 13, 2023 · Topline. Apple News, Apple TV+, Apple Pay, Apple Card and more. 13 % increase; green up pointing triangle Chief Executive Officer Tim Cook received almost $100 million in compensation in 2021, a year in which he completed 10 years as the Evaluating Apple's Executive Compensation Structure: 2022 Insights and Trends. May 3, 2023 · While CEO pay continues to reach historic heights, first-year PvP disclosures reveal that median CAP figures for Equilar 100 CEOs were actually significantly less than total compensation at $19. Jan 12, 2023 · The majority of Cook’s compensation was attributed to $82. Apple CEO Tim Cook’s Pay Rises to $98. annual reports of executive compensation and pay are most commonly found in the Def 14a documents. The larger and more complex an organization, the more substantial the Eddy Cue is Apple’s senior vice president of Services, reporting to CEO Tim Cook. Each year, the Compensation Committee conducts an evaluation of Apple’s executive compensation program to determine if any changes would be appropriate. Apple announced Thursday it is lowering CEO Tim Cook’s annual compensation by more than 40% in 2023, after the billionaire recommended the dock in pay and analysts argued that his Jan 7, 2022 · Additionally, the document reveals a bit of information about how the payments are calculated and what is the CEO pay rate to an average Apple employee. Feb 10, 2012 · But executive compensation – at Apple or any other large, public company – is a lot more complex than these numbers might suggest. 2 million in fiscal 2023, after rising to $99. Feb 18, 2023 · Executive Compensation: Apple's executive com pensation system is designed to . by Jay Peters. 6 million in 2024, a bump from the previous year. Tim Cook, Apple: $770. Still, that’s unlikely to quell mounting criticism that CEO pay has become excessively high and the Jan 6, 2022 · Tim Cook, CEO of Apple — the most valuable technology company in the world — had a compensation package worth $98. 8 million was 256 times greater than the median Apple compensation of $57,783. Cook’s annual 6 days ago · Learn about the executive team and board of directors at Apple Inc (AAPL:XNAS) and review their bios and compensation over the latest fiscal years. align the interests of its executives with t he company's long-term success. 5 million last year, down 12% from $54. ; Cook's compensation included a May 5, 2022 · The rise of the billionaire CEO: How Steve Jobs’ final board meeting at Apple created a new way to pay CEOs staggering sums BY Geoff Colvin With CEO Tim Cook at the helm, the market value of Jan 6, 2021 · Apple cited the new modifier in its recommendation to vote against a shareholder proposal to reduce executive pay relative to the median employee pay at Apple. in Business, News, Stories. 7 million in compensation during the 2021 fiscal year, according to filings submitted to the SEC on Thursday. 58 years. The relationship between the compensation committee and the CEO is guarded very closely. The exec's annual compensation package at the tech behemoth reached $63. The figure for the number of Chinese workers is calculated by dividing $441 million (the total pay of the Apple executives) by $4,622 (the estimated average annual pay of the factory While Apple CEO Tim Cook received a base salary of $3 million in 2024 for the third year in a row, the executive also earned bonuses and other compensation that brought his total pay to about $74. His total compensation was $63. 2 million the prior year, Apple said in its annual proxy filing on Friday. Career trajectory The Apple Inc. Benchmark executive pay. 41M. g. In Jan 10, 2022 · As Apple notes in the filing, the company’s median employee’s total compensation was $68,254 in 2021, leading to a staggering CEO-to-worker pay ratio of 1,447 to 1. The percentage of Apple shareholders who supported the pay of the company's executives declined from 94. MASTEC INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Exelon, a Fortune 100 energy company, rewards its executive team for “meeting non-financial performance goals, including safety targets, GHG emissions reduction targets, and goals engaging stakeholders to help shape the company’s public policy positions. Jan 12, 2025 · Similarly, COO Jeff Williams saw a modest increase in his salary, with his 2024 pay package totaling $27. income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Craft long-term incentive plans. “Companies desire to have a free hand with executive compensation and we see it across the marketplace. 1m) for 2023. MASTEC INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. The charts on this page feature a breakdown of the total annual pay for the top executives at APPLE INC as reported in their proxy statements. Jan 14, 2025 · Apple supremo Tim Cook bagged an 18 percent pay rise in 2024, taking his total compensation to $74. 2 – Ratification of Appointment of Independent Registered Public Accounting Firm 61 Proposal No. Apple Senior Vice President, Retail + People Deirdre O'Brien's 2020 pay jumps 37% to $26M. S. Jan 7, 2022 · Apple’s CEO received nearly $100 million in total compensation in 2021, a sixfold increase from the prior year, according to a proxy statement filed by the company on Thursday. , Suret al. 8 million, according to data analyzed for The AP by Equilar. The information was revealed ahead of Tim Cook is the CEO of Apple and serves on its Board of Directors. The total amount, which includes $3 million in salary and $58. In 2021, Cook’s Jun 6, 2024 · Average salaries for Apple Executive: $210,547. 2 - Ratification of Appointment of Independent Registered Public Accounting Firm 75 Proposal No. Jan 11, 2025 · For 2025, Apple’s board of directors has stated that there will be “no changes to the amount or structure of Mr. Jan 11, 2025 · Apple has disclosed an 18% pay hike for its CEO Tim Cook. The effective date of the Plan is August 17, 2022 and the Plan shall remain in effect until terminated pursuant to Article 6. Nov 1, 2024 · PDF Format Download (opens in new window) Excel Format Download (opens in new window) XBRL Format Download (opens in new window) XBRL Format Download (opens in new window) Apple’s executive officers and acts as the administering committee for Apple’s employee equity compensation plans. 4 million U. Director Compensation—2017 22 Executive Officers 25 Executive Compensation 29 Compensation Committee Report 30 Compensation Discussion and Analysis 30 Executive Compensation Tables 41 Summary Compensation Table—2017, 2016, and 2015 41 Grants of Plan-Based Awards—2017 43 Outstanding Equity Awards at 2017 Year-End 45 Stock Vested—2017 47 Jan 12, 2023 · Cook’s pay cut comes after some investors criticized his compensation last year. Executive officers’ base salaries are fixed in amount and thus do not encourage risk-taking. Apple Inc. Cook’s 2025 total target compensation. Apple salary trends based on salaries posted anonymously by Apple employees. 9% at Apple's annual shareholder meeting in 2021 to 64% at the same meeting in 2022. The total compensation of Apple's median compensated employee for 2021 was $68,254. As of December, the Microsoft CEO owned 800,667 shares in the company, and much of his pay is Jan 16, 2025 · Apple’s chief executive officer Tim Cook received a decent appraisal in 2024, increasing his total compensation to a whopping $74. shareholder has proposed the following resolution be adopted at the 2017 annual shareholders’ meeting: “Resolved: shareholders recommend that Apple Inc. Founder and CEO, Calico: Chair of the Board People and Compensation Committee: Wanda Austin: Former President and CEO, The Aerospace Corporation: Audit and Finance Committee: Tim Cook: CEO, Apple: Alex Gorsky: Former Chair and CEO, Johnson & Johnson: People and Compensation Committee Nominating and Corporate Governance Committee: Andrea Jung Mar 10, 2023 · Apple CEO Tim Cook could receive close to $50 million in compensation if Apple meets all of its financial goals, shareholders decided today in an annual meeting that was highlighted by Bloomberg Jan 10, 2025 · Apple CEO Tim Cook's 2024 Pay Rises 18% to $74. Apr 30, 2012 · *The total compensation of the top nine Apple executives in 2011 is the same as the total compensation of 95,000 Chinese factory workers making Apple products. Apple Chief Executive Tim Cook made more than $74. 7 million last year, more than six times his haul in 2020, according to a Based on SEC filings, from 2018 to 2020, Maestri's average compensation was $26 million. But his The percentage of Apple shareholders who supported the pay of the company's executives declined from 94. Securities And Exchange Commission, on Friday announced that Chief Executive Officer Tim Cook's 2024 compensation grew 18 percent to $74. APPLE INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. by Anochie Esther. D. Jan 13, 2025 · Apple CEO Tim Cook, all the way to the bank. ” His pay is predetermined by several performance factors several years in advance. Apple Executive compensation strategies for the named executive officers consist of the three packages. Both numbers are compensation targets and Cook’s 2022 pay totaled May 3, 2024 · Apple CEO Tim Cook's base salary has been $3 million a year since 2016. He earned $770. It was a contentious time for the congenitally congenial Disney chief. Let’s start with Jobs. The total remuneration package consisted of a $3 million base salary – unchanged in recent years – as well as $58. AAPL 1. 58 trillion, but Cook needs to more than double his compensation to become the highest-paid CEO. 6 million in total compensation for 2024, marking an 18% rise from the prior year. 6 million, down 26 percent Jan 5, 2021 · Apple cited the new modifier in its recommendation to vote against a shareholder proposal to reduce executive pay relative to the median employee pay at Apple. That’s a 571% Feb 8, 2024 · Apple Inc. 1 – Election of Directors 60 Proposal No. Reporting to Cook are top-level executives responsible for various divisions, including hardware, software, services, and operations. In a regulatory filing, the world’s most valuable company revealed that Cook’s remuneration package last year jumped 18 per cent from $63. January 11, 2025. 7% salary and 95. scientific evidence on executive compensation, and its evolution, determination and implications (e. Mencken was talking about when he claimed that “every complex problem has a solution which is simple, direct, plausible—and wrong”. gov | HOME Feb 28, 2025 · Apple's yearly financial reports disclose that CEO Tim Cook received $74. You can read the Apple proxy here . 8 million in 2022. May 4, 2024 · Tim Cook, CEO of Apple, the second most valuable US company, received a total compensation of $63. Cook's augmented pay package arrives amidst a year of notable financial performance for Apple. 6 Million Provided by Dow Jones Jan 10, 2025 10:36pm. said in a regulatory filing late Thursday that Cook’s target total compensation is $49 million for 2023, with a $3 million salary, $6 Former President and CEO The Aerospace Corporation Tim Cook CEO Apple Alex Gorsky Former Executive Chair Johnson & Johnson Andrea Jung President and CEO Grameen America Monica Lozano Former President and CEO College Futures Foundation Ronald D. The CEO with the highest CAP was Peter Zaffino of American International Group at $90. com As Chief Executive Officer at APPLE INC, Tim Cook made $74,609,802 in total compensation. 6M/+110. APPLE INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Jan 12, 2023 · Apple Inc. 4 million in the year-earlier period. He did, indeed, receive just $1 in annual compensation from Apple, according to SEC filings. 5 million. Jan 29, 2015 · Executive Compensation. Cook's total pay package for fiscal 2019 was $11. The compensation plan currently being used by the Apple Company has had some far reaching effects. 68 million) . 2 million in 2023. ” Other Apple Executives See Pay Increases. 5 million in additional compensation. Feb 23, 2021 · Apple shareholders on Tuesday voted to approve compensation for Apple executives. Jan 11, 2025 · Cook’s pay was made up of a $3 million base salary, $58. 4 million the previous year. disclosed a 18% pay increase for Chief Executive Officer Tim Cook ahead of its annual meeting next month, while also saying it opposed a shareholder measure calling for an end to the Apple CEO Tim Cook Photo: Alberto Pezzali/AP Apple AAPL 1. 6 million from $63. 3 million ; Dec 18, 2024 · Listen to Meridian Compensation Partners's Executive Compensation Podcast: Conversations on Executive Pay & Compensation Committee Governance podcast on Apple Podcasts. Jan 11, 2025 · Apple Raises Tim Cook’s 2024 Compensation by 18%. L. 25. This decision highlights the company's acknowledgment of Cook's contributions to its ongoing success. Jan 10, 2025 · Apple’s board of directors said it “made no changes to the amount or structure of Mr. Chief Executive Tim Cook’s 2020 compensation of US$14. "There's been research that shows say-on-pay voting outcomes have implications Jan 12, 2023 · The Apple CEO’s target compensation will be lowered by more than 40 percent in 2023, according to the company’s latest proxy filing. The Compensation Committee reviews and approves the compensation arrangements for the CEO, Apple’s other executive officers, and, to the extent it deems appropriate, other employees; administers Apple’s equity compensation plans; reviews and makes recommendations to the Board regarding the compensation of members of the Board and Board Jan 6, 2021 · Apple said Cook earned 256-times the average Apple employee, whose compensation was $57,783 in 2020. 7 million last year — around a 28% jump from 2019, the company disclosed in its annual proxy statement on Tuesday. 2 million in the prior year. 3 – Advisory Vote to Jan 6, 2022 · Apple CEO Tim Cook got $98. " Now Apple's latest filing with the Feb 1, 2023 · In Apple's case, support for the company's executive pay packages has tumbled from 95% in 2021 to just 64% last year. 4 million in 2022. Reading Time: 3 mins read 0. (NASDAQ: AAPL) has decided to increase CEO Tim Cook's compensation by 18% for the year 2024, bringing his total pay to $74. 6 million in overall compensation in 2024, according to a report from the Wall Street Journal, and 18% more in 2024 than he did in 2023. 2 million in 2023, down from $99. 022% of the company’s shares, worth $734. 3 million ** in 2022—a -13. 1 million in stock awards, $12 million in non-equity incentive plan compensation Jan 13, 2025 · Apple is the most valuable company in the world with a market cap of $3. 6 million. Jan 16, 2021 · Apple adds ESG as bonus metric for executives. 7 million and $94 million of performance-based restricted stock units to Cook and four other executives, though its compensation Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Tim Cook’s total compensation for 2024 is set to increase by $10 million, pending shareholder approval at Apple’s annual meeting next month Feb 25, 2025 · CUPERTINO, CA - Apple Inc. It's not the first, but it is the market's largest company and could be a sign of the future of big pay packages. Jan 28, 2024 · Apple's top executives were paid around $27 million each, while CEO Tim Cook was paid over $99 million, 1,000 times more than his employees. Jan 11, 2024 · Apple CEO Tim Cook received a pay cut in the technology company’s latest fiscal year following shareholder guidance and a “recommendation” from the executive himself. Jan 11, 2022 · Apple CEO Tim Cook is flush with cash. By Katherine Hamilton . Jan 12, 2023, 11:08 PM UTC Feb 1, 2021 · Apple's compensation and benefits strategy focuses on attracting and retaining top talent through competitive pay and a strong corporate culture of innovation and enthusiasm. It was the smallest increase since 2015. Mar 4, 2025 · Though Apple remains a leader in consumer technology, the lukewarm reception of its new products highlights the increasing difficulty of meeting high expectations in a highly competitive market. Jan 13, 2025 · A filing with the Securities and Exchange Commission shows Apple (AAPL, Financials) CEO Tim Cook's total salary set to rise by $10 million for 2024, dependent on shareholder approval at the Jan 7, 2021 · Apple revealed in its Notice of 2021 Annual Meeting of Shareholders and Proxy Statement that it will incorporate ESG considerations into its executive compensation program. Jan 10, 2025 · Cook’s compensation grew to $74. Mr Cook became Apple's chief executive in August 2011, just weeks before the death of co Beyond the CEO’s compensation, the proxy filing also revealed the earnings of other key Apple executives. CEO Compensation Is Highly Correlated with Company Size and Success Private company CEO compensation is heavily correlated with the size of the company, both in terms of revenue (as the next chart demonstrates) and number of employees. Executive Cash Incentive Plan (the “Plan”) was approved by the Compensation Committee of Apple Inc. An employee's salary is based on base salary, bonuses, commissions, and equity awards. Apr 6, 2021 · Source: Danone 2020 Compensation for the Chairman and Chief Executive Exelon. Feb 22, 2021 · Linking executive pay to good management of sustainability issues (like those above) is a commonsense reform already in use at Apple’s peer companies, such as Microsoft, Intel and IBM. earned total cash $15,000,000, equity awards US$0, other compensation $682,219. CEOcompensationcontinuesto be Jan 13, 2017 · An Apple Inc. 9 million in the previous year. Dec 17, 2020 · The CEO of Apple Inc. Notably, the filing includes details on Jan 13, 2025 · Apple CEO Tim Cook received $74. . 6 million last year. Riccio $24,146,050. Jan 12, 2023 · Apple CEO Tim Cook will receive a pay cut in 2023, targeting $49 million in total compensation, the company said in an SEC filing. Public perception and controversies. ” Other executives, including Apple’s retail chief, former Jan 6, 2022 · Here is the breakdown of executive compensation for Apple’s executive team in 2021: CEO, Tim Cook: $98,734,395 total . Luca Maestri (Chief Financial Officer), Kate Adams (Senior Vice President, General Counsel and Global Security), Deirdre O’Brien (Senior Vice President of Retail + People), and Jeff Williams (Chief Operating Officer) each earned $27. Many multi-national companies, including Intel, Alcoa, PepsiCo, and Mead Johnson, have integrated sustainability metrics into their executive pay incentive plans. Jan 6, 2022 · Apple CEO Tim Cook raked in $98. directly owns 0. engage multiple outside independent experts or resources from the general public to reform its executive compensation principles and practices. In total compensation, Cook earned US$15,682,219 (US$15. Jan 13, 2025 · Apple Inc. "America’s ballooning executive compensation is neither Feb 7, 2024 · The plaintiff said Apple in 2021 and 2022 awarded a respective $92. Apple CEO Tim Cook's 2021 pay jumps 569% to $99M. 2015for anoverview). Chris Mar 4, 2025 · The correlation between Apple’s stock performance and executive compensation highlights the significance of the company’s valuation in determining executive remuneration. Jun 29, 2021 · Big names—including Apple, McDonald’s, Rio Tinto, Royal Dutch Shell, and Unilever—have announced linking ESG to executive pay. Incentive Plan Design. Apple’s Performance Pay: Non Linear Bonuses. Executive Compensation Beyond Tim Cook Apart from Cook, several other Apple executives secured substantial pay packages in 2024: Feb 26, 2024 · Three are from management, asking investors to elect Apple’s directors, to ratify its accounting firm appointment, and to approve executive compensation. 20 % increase; green up pointing triangle Chief Executive Tim Cook made more than $74. Jan 27, 2021 · CEO Tim Cook's compensation was the lowest among the company's top executives due to the lack of an equity award in the 2020 fiscal year. 2 million the previous year. Before being named CEO in August 2011, Tim was Apple’s Chief Operating Officer and was responsible for all of the company’s worldwide sales and operations, including end-to-end management of Apple’s supply chain, sales activities, and service and support in all markets and countries. ” May 18, 2024 · Satya Nadella's total compensation was $48. 7 billion. Apple introduced a modifier to executives’ bonus payouts, adjusting them by up to 10% based on performance with respect to “Apple Values,” including accessibility, education, environment, D&I, privacy, and Jan 10, 2025 · Apple (NASDAQ:AAPL) CEO Tim Cook's year-over-year total compensation will increase by $10M for 2024, contingent on how shareholders vote at next month's annual meeting, according to an SEC filing Nov 27, 2023 · In January 2023, Apple announced it was going to cut the compensation of CEO Tim Cook by 40 percent over the course of the year, making it decrease from 99. [11] Maestri stepped down as CFO at the end of 2024. Sep 24, 2024 · Apple's org chart centers on CEO Tim Cook, who leads the company's strategic direction and executive team. 7M in 2021. since 2011. These figures collectively paint a picture of Apple's executive compensation landscape. 7 million in stock and cash in 2021. 9% last year, to a median of $14. See full list on thestreet. Jan 13, 2023 · Apple CEO Tim Cook will take a 40% pay cut in 2023, lowering his compensation to $49 million, down from $84 million last year. 6 million in 2024, compared with $63. The annual compensation Jan 5, 2021 · Chief Executive Tim Cook's 2020 compensation of $14. 7 trillion and trading near its 52-week high, held its 2025 Annual Meeting of May 8, 2013 · Apple's Executive Compensation Policy incorporates 5 Cornerstones of Executive Compensation that represent a set of proven concepts that can be effectively applied to your business. His total annual compensation has been reported to be in the range of $99 million annually. Founder and CEO, Calico: Chair of the Board People and Compensation Committee: Wanda Austin: Former President and CEO, The Aerospace Corporation: Audit and Finance Committee: Tim Cook: CEO, Apple: Alex Gorsky: Former Chair and CEO, Johnson & Johnson: People and Compensation Committee Nominating and Corporate Governance Committee: Andrea Jung In establishing and reviewing Apple’s executive compensation program, the Compensation Committee considers whether the program encourages unnecessary or excessive risk-taking and has concluded that it does not. ” Mar 20, 2025 · Apple’s executive compensation is structured to incentivize long-term performance and stockholder value. James Bell – Former CFO and Executive Vice President of Boeing The Compensation Committee reviews and approves the compensation arrangements for the CEO, Apple’s other executive officers, and, to the extent it deems appropriate, other employees; administers Apple’s equity compensation plans; reviews and makes recommendations to the Board regarding the compensation of members of the Board and Board May 28, 2022 · 2. 4 million in other compensation. Apple (NASDAQ:AAPL) CEO Tim Cook's year-over-year total compensation will increase by $10M for 2024, contingent on how shareholders vote at next month's annual meeting, according to an SEC filing More ways to shop: Visit an Apple Store, call 1-800-MY-APPLE, or find a reseller. He received neither bonuses nor stock nor 401(k) contributions from the company. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Jan 10, 2025 · Apple CEO Tim Cook collected a total compensation package of $74. Apple Hospitality REIT, Inc. 6M. CEO Tim Cook's pay package totaled $14. didn’t misrepresent the value of stock-based compensation for Tim Cook and other executives to shareholders ahead of a vote on Cook’s pay, a federal judge said, dismissing an investor’s lawsuit against the tech giant and its top leaders. (), in a filing with the U. 0% 50% 100% 150% 200% 250%. The Apple CEO Jan 13, 2023 · Apple's compensation committee awarded him a total "target compensation" of $49m (£45. Eddy oversees the full range of Apple’s services, including Apple Music, Apple News, Apple Podcasts, the Apple TV app, and Apple TV+, as well as Apple Pay, Apple Card, Maps, Search Ads, Apple’s iCloud services, and Apple’s productivity and creativity apps. The increase, mostly due to higher stock awards, took his total earnings to $74. Chief Executive Tim Cook's 2020 Jan 10, 2025 · Apple CEO Tim Cook collected a total compensation package of $74. 6 million, up from $63. 3 - Advisory Vote to Approve Executive Compensation 77 Executive Officers 33 Executive Compensation 35 Compensation Discussion and Analysis 36 Compensation Committee Report 49 Executive Compensation Tables 50 Proposals 59 Proposal No. Jun 20, 2024 · We would like to show you a description here but the site won’t allow us. Founder and CEO, Calico: Chair of the Board People and Compensation Committee: Wanda Austin: Former President and CEO, The Aerospace Corporation: Audit and Finance Committee: Tim Cook: CEO, Apple: Alex Gorsky: Former Chair and CEO, Johnson & Johnson: People and Compensation Committee Nominating and Corporate Governance Committee: Andrea Jung Jan 10, 2025 · Apple Inc. Management Podcast · Updated Bimonthly · The Executive Compensation podcast from Meridian Compensation Partners is a vital resource for compensation committees, seasoned Apple's CEO is Tim Cook, appointed in Aug 2011, has a tenure of 13. 6 million in 2024, a Jan 11, 2025 · Apple Inc. 1 million, compared to $26. The head of the world’s first company to reach a $3 trillion market cap took home a staggering $98. The 2016 Glass Lewis report In-Depth: Linking Compensation to Sustainability found a “mounting body of research showing that firms that operate in a more Jan 13, 2025 · However, the increase in executive compensation comes amid ongoing discussions about income disparity within the tech industry. Jan 16, 2021 · The Apple shareholder said that this posture is even more likely to be the case when the issue is executive pay. Tim Cook, Apple’s CEO, receives a substantial compensation package that includes a base salary, annual bonuses, and stock awards. is cutting Chief Executive Officer Tim Cook’s compensation by more than 40% to $49 million in 2023, citing investor guidance and a request from Cook himself to adjust his pay. Cook has been CEO of Apple Inc. This compares to last year’s CEO pay ratio of 200-to-1. ’s Board of Directors on August 17, 2022. kyhldz neszn keb rrc ouiwq lqottxu zesyz kuenlkn egukx nqhsrxv sytl htmt ccbi emhkw gka