Cook's compensation structure is very rich

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Risks and opportunities coexist, and it's right to be patient. (end of full text)

74.6 million us dollars! Apple ceo cook’s salary has skyrocketed. How many iphone 16s can he buy?

on january 10th local time, apple released a report showing that ceo tim cook's salary in 2024 reached us$74.6 million (approximately rmb 547 million), an increase of 18% from 2023.

This includes: $3 million in base salary, $58.1 million in stock incentives, and approximately $13.5 million in additional compensation. The pay rise was mainly due to an increase in the value of stock awards.

Compensation increased to $74.6 million

recently, apple released a detailed annual report to investors, which disclosed important information such as the company's executives' compensation, shareholder proposals, etc., and announced that it will hold its annual shareholders' meeting on february 25.

One of the highlights of the report was the gambling data philippines compensation of apple ceo tim cook.

Apple's board of directors said it had made no adjustments to cook's total target compensation amount and structure for 2025.

Including base salary, stock rewards, performance-based rewards, and other compensation.

The base salary is $3 million, the stock award is $58.09 million, the performance-based award is $12 million, and other compensation covers life insurance premiums, security fees, and personal air travel expenses.
In terms of salary structure, cook's personal air travel expenses account for a large proportion of his total income .

In 2017, apple's board of directors implemented a policy requiring cook to use private jets for all business and personal travel for safety and efficiency reasons .

This also results in cook's personal air travel expenses of up to $655,900 in 2024 , which are based on hourly flying costs and other variable expenses incurred.

Other executives, including chief financial officer luca maestri, general counsel kate adams, senior vice president of retail deirdre o'brien, and chief operating officer jeff williams, will all receive total compensation of more than $27 million in 2024 , a slight increase from 2023.