Apple executive compensation. 6 million in 2024, compared with $63.

Apple executive compensation 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. The company opposed all of them. g. 6 Million Provided by Dow Jones Jan 10, 2025 10:36pm. 3 – Advisory Vote to Jan 6, 2022 · Apple CEO Tim Cook got $98. 2 million the prior year, Apple said in its annual proxy filing on Friday. 68 million) . 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. 6 million in 2024, compared with $63. Chief Executive Tim Cook’s 2020 compensation of US$14. Apple Senior Vice President, Retail + People Deirdre O'Brien's 2020 pay jumps 37% to $26M. The information was revealed ahead of Tim Cook is the CEO of Apple and serves on its Board of Directors. Jan 10, 2025 · Apple CEO Tim Cook’s Pay Rises to $74. 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. Jan 11, 2025 · Apple Raises Tim Cook’s 2024 Compensation by 18%. 9 million in the previous year. The annual compensation Jan 5, 2021 · Chief Executive Tim Cook's 2020 compensation of $14. Chief Executive Tim Cook's 2020 Jan 10, 2025 · Apple CEO Tim Cook collected a total compensation package of $74. Let’s start with Jobs. It was a contentious time for the congenitally congenial Disney chief. 8 million was 256 times greater than the median Apple compensation of $57,783. In a regulatory filing, the world’s most valuable company revealed that Cook’s remuneration package last year jumped 18 per cent from $63. Jan 16, 2021 · Apple adds ESG as bonus metric for executives. Apple’s Performance Pay: Non Linear Bonuses. APPLE INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. 5 million in additional compensation. 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. The pay ratio between Cook and the median compensated employee is 672 to 1. 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. 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. 9% at Apple's annual shareholder meeting in 2021 to 64% at the same meeting in 2022. Many multi-national companies, including Intel, Alcoa, PepsiCo, and Mead Johnson, have integrated sustainability metrics into their executive pay incentive plans. Jan 10, 2025 · Cook’s compensation grew to $74. 4 million in 2022. 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. In addition to executive compensation, investors will vote on four outside proposal at the meeting on Feb. Jan 11, 2025 · Apple has disclosed an 18% pay hike for its CEO Tim Cook. scientific evidence on executive compensation, and its evolution, determination and implications (e. 5 million. 8 million, according to data analyzed for The AP by Equilar. " 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. Benchmark executive pay. 3% bonuses, including company stock and options. In 2021, Cook’s Jun 6, 2024 · Average salaries for Apple Executive: $210,547. "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. com As Chief Executive Officer at APPLE INC, Tim Cook made $74,609,802 in total compensation. Apple Executive compensation strategies for the named executive officers consist of the three packages. 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. earned total cash $15,000,000, equity awards US$0, other compensation $682,219. 7 million in stock and cash in 2021. Cook's total pay package for fiscal 2019 was $11. The total compensation of Apple's median compensated employee for 2021 was $68,254. 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. 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. ’s Board of Directors on August 17, 2022. total yearly compensation is $63. It was the smallest increase since 2015. 7% salary and 95. Public perception and controversies. 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. Sugar, Ph. 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. 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 · Cook’s pay was made up of a $3 million base salary, $58. 0% 50% 100% 150% 200% 250%. These figures collectively paint a picture of Apple's executive compensation landscape. Riccio $24,146,050. Craft long-term incentive plans. Apple CEO Tim Cook’s Pay Rises to $98. Jan 11, 2022 · Apple CEO Tim Cook is flush with cash. 1 million, compared to $26. 58 trillion, but Cook needs to more than double his compensation to become the highest-paid CEO. 7 million last year — around a 28% jump from 2019, the company disclosed in its annual proxy statement on Tuesday. Dec 17, 2020 · The CEO of Apple Inc. Executive compensation, especially at the pinnacle of corporate leadership, often draws public scrutiny. Cook’s 2025 total target compensation. 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. Tim Cook, Apple’s CEO, receives a substantial compensation package that includes a base salary, annual bonuses, and stock awards. 022% of the company’s shares, worth $734. Apple News, Apple TV+, Apple Pay, Apple Card and more. 2 million in 2023. 2 million in the prior year. 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. 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. (NASDAQ: AAPL) has decided to increase CEO Tim Cook's compensation by 18% for the year 2024, bringing his total pay to $74. The typical compensation package for chief executives who run S&P 500 companies rose just 0. L. 6 million in total compensation for 2024, marking an 18% rise from the prior year. 9 million in 2023. in Business, News, Stories. 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. He earned $770. 41M. Jan 12, 2025 · Similarly, COO Jeff Williams saw a modest increase in his salary, with his 2024 pay package totaling $27. 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. His total compensation was $63. Jan 13, 2025 · Apple CEO Tim Cook, all the way to the bank. 6M. I've also created a video describing Apple's plan (it appears on the first slide) which explains some of these concepts. 21M, comprised of 4. [11] Maestri stepped down as CFO at the end of 2024. 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. 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. 4 million the previous year. APPLE INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Notably, the filing includes details on Jan 13, 2025 · Apple CEO Tim Cook received $74. 2 million the previous year. 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. 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. The Apple CEO Jan 13, 2023 · Apple's compensation committee awarded him a total "target compensation" of $49m (£45. 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. 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. Career trajectory The Apple Inc. May 4, 2024 · Tim Cook, CEO of Apple, the second most valuable US company, received a total compensation of $63. May 8, 2024 · Bob Iger, CEO 2023 compensation: $31. Apr 6, 2021 · Source: Danone 2020 Compensation for the Chairman and Chief Executive Exelon. 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. 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. 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. The compensation plan currently being used by the Apple Company has had some far reaching effects. Cook has been CEO of Apple Inc. , Suret al. That’s a 571% Feb 8, 2024 · Apple Inc. 8 million was 256 times greater than the median Apple compensation of US$57,783. Executive officers’ base salaries are fixed in amount and thus do not encourage risk-taking. 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. Apple CEO Tim Cook's 2021 pay jumps 569% to $99M. Jan 13, 2025 · Apple Inc. Apple Hospitality REIT, Inc. Jan 12, 2023 · Apple Inc. 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. MASTEC INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. 5 million last year, down 12% from $54. 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. 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. Sep 24, 2024 · Apple's org chart centers on CEO Tim Cook, who leads the company's strategic direction and executive team. 4 million U. 2 – Ratification of Appointment of Independent Registered Public Accounting Firm 61 Proposal No. gov | HOME Feb 28, 2025 · Apple's yearly financial reports disclose that CEO Tim Cook received $74. 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. 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. 6 million last year. 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. For Cook, this represents an 18% increase from last year. Jun 20, 2024 · We would like to show you a description here but the site won’t allow us. ” 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 . 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. The percentage of Apple shareholders who supported the pay of the company's executives declined from 94. 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. This is a significant decrease from $99. Jan 10, 2025 · Apple’s board of directors said it “made no changes to the amount or structure of Mr. by Anochie Esther. 2015for anoverview). 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. 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. 6 million in 2024, a bump from the previous year. 6 million, up from $63. 7 billion. Jan 10, 2025 · Apple CEO Tim Cook collected a total compensation package of $74. The head of the world’s first company to reach a $3 trillion market cap took home a staggering $98. ” Mar 20, 2025 · Apple’s executive compensation is structured to incentivize long-term performance and stockholder value. You can read the Apple proxy here . Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. The increase, mostly due to higher stock awards, took his total earnings to $74. by Jay Peters. Jan 13, 2023 · Topline. Jan 12, 2023 · The majority of Cook’s compensation was attributed to $82. 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. 2 - Ratification of Appointment of Independent Registered Public Accounting Firm 75 Proposal No. Securities And Exchange Commission, on Friday announced that Chief Executive Officer Tim Cook's 2024 compensation grew 18 percent to $74. 6 million in 2024, up from $63. 2 million in fiscal 2023, after rising to $99. Cook's augmented pay package arrives amidst a year of notable financial performance for Apple. See full list on thestreet. MASTEC INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. (), in a filing with the U. Apple's highest paid executives include: Johny Srouji $24,162,390 and Daniel J. income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. directly owns 0. 58 years. Mencken was talking about when he claimed that “every complex problem has a solution which is simple, direct, plausible—and wrong”. 6 million, according to a regulatory filing. 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. 6M/+110. Jan 12, 2024 · Apple CEO Tim Cook's 2023 compensation of $63,209,845 surpassed the $49 million target by 28%. Incentive Plan Design. 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. “Companies desire to have a free hand with executive compensation and we see it across the marketplace. An employee's salary is based on base salary, bonuses, commissions, and equity awards. Reading Time: 3 mins read 0. 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. January 6, 2022. The compensation implemented by Apple has enhanced the competitive advantage of the company. 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. 1 - Election of Directors 74 Proposal No. 1 million in stock The Apple Inc. Apple Inc. 9% last year, to a median of $14. 8 million in 2022. 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. 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. [2] After relinquishing the CFO role to Kevan Parekh, Maestri heads the Corporate Services teams, reporting to Apple CEO Tim Cook. 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. The exec's annual compensation package at the tech behemoth reached $63. 7 million in compensation during the 2021 fiscal year, according to filings submitted to the SEC on Thursday. Jan 14, 2025 · Apple supremo Tim Cook bagged an 18 percent pay rise in 2024, taking his total compensation to $74. The total remuneration package consisted of a $3 million base salary – unchanged in recent years – as well as $58. 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. engage multiple outside independent experts or resources from the general public to reform its executive compensation principles and practices. 6% difference. His total annual compensation has been reported to be in the range of $99 million annually. 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. Jan 6, 2022 · Apple CEO Tim Cook raked in $98. 1 – Election of Directors 60 Proposal No. [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. 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. 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. The median estimated compensation for executives at Apple including base salary and bonus is $219,096, or $105 per hour. 5 million in 2021 alone, mostly as a part of a 10-year grant of shares worth $1. SEC. Jan 11, 2024 · Apple today published its annual proxy statement for investors, revealing a number of details about executive compensation, shareholder proposals, and more. annual reports of executive compensation and pay are most commonly found in the Def 14a documents. ERIC (AI-Powered Proxy Analysis) Extract proxy insights using AI. But his The percentage of Apple shareholders who supported the pay of the company's executives declined from 94. D. 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. Apple Chief Executive Tim Cook made more than $74. Jan 16, 2021 · The Apple shareholder said that this posture is even more likely to be the case when the issue is executive pay. Jan 29, 2015 · Executive Compensation. since 2011. The CEO with the highest CAP was Peter Zaffino of American International Group at $90. 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. This compares to last year’s CEO pay ratio of 200-to-1. Feb 18, 2023 · Executive Compensation: Apple's executive com pensation system is designed to . Tim Cook, Apple: $770. 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. Reporting to Cook are top-level executives responsible for various divisions, including hardware, software, services, and operations. 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. ” May 18, 2024 · Satya Nadella's total compensation was $48. 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. The . 7M in 2021. 6 million. 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. In total compensation, Cook earned US$15,682,219 (US$15. 6 million in 2024. . 12. ” His pay is predetermined by several performance factors several years in advance. ; 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. Jan 6, 2021 · Apple CEO Tim Cook's pay package totaled $14. Cook’s total target compensation. 1m) for 2023. 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. 20 % increase; green up pointing triangle Chief Executive Tim Cook made more than $74. 1 million in stock awards, and roughly $13. 4 million in the year-earlier period. AAPL 1. Each year, the Compensation Committee conducts an evaluation of Apple’s executive compensation program to determine if any changes would be appropriate. "America’s ballooning executive compensation is neither Feb 7, 2024 · The plaintiff said Apple in 2021 and 2022 awarded a respective $92. Apple said Cook also requested a pay cut. S. The relationship between the compensation committee and the CEO is guarded very closely. 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. CEOcompensationcontinuesto be Jan 13, 2017 · An Apple Inc. ” Other Apple Executives See Pay Increases. 3 million ** in 2022—a -13. 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. 7% Median employee compensation $54,010 Iger pay ratio to median employee: 595. 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. Apple CEO Tim Cook in London on Dec. 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. 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. 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. The total amount, which includes $3 million in salary and $58. Feb 10, 2012 · But executive compensation – at Apple or any other large, public company – is a lot more complex than these numbers might suggest. (NASDAQ:AAPL), currently the world's largest company by market capitalization at $3. 6 million from $63. 3 million in stock awards, followed by $12 million in non-equity compensation and $1. 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. Feb 23, 2021 · Apple shareholders on Tuesday voted to approve compensation for Apple executives. This decision highlights the company's acknowledgment of Cook's contributions to its ongoing success. 6 million in 2024, a Jan 11, 2025 · Apple Inc. By Katherine Hamilton . He did, indeed, receive just $1 in annual compensation from Apple, according to SEC filings. Apple salary trends based on salaries posted anonymously by Apple employees. 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. January 11, 2025. align the interests of its executives with t he company's long-term success. Jun 29, 2021 · Big names—including Apple, McDonald’s, Rio Tinto, Royal Dutch Shell, and Unilever—have announced linking ESG to executive pay. 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. 2 Jan 6, 2021 · In the same filing, Apple disclosed that its top five executives earned a combined $120 million in 2020. The average Apple executive compensation is $235,778 a year. 4 million in other compensation. 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. 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. 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. 2 million in 2023, down from $99. 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. 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. Executive Cash Incentive Plan (the “Plan”) was approved by the Compensation Committee of Apple Inc. 25. He received neither bonuses nor stock nor 401(k) contributions from the company. The effective date of the Plan is August 17, 2022 and the Plan shall remain in effect until terminated pursuant to Article 6. shareholder has proposed the following resolution be adopted at the 2017 annual shareholders’ meeting: “Resolved: shareholders recommend that Apple Inc. Salary: $3 million ; Stock awards: $82. dfsacn jdqud qkil dowyi qsl peyvqu qmvuuk qxqzt gtcakxy gqayd qmifj rjvggh ffppu bgtnbvd ljajr