Apple's Proxy Filing Shows Tim Cook's 2025 Compensation at $74.3 Million

Apple’s annual proxy statement, filed this January, details executive pay for 2025. CEO Tim Cook’s total compensation was $74.3 million, a figure nearly identical to his 2024 earnings. This consistency arrives amid persistent speculation about his eventual retirement and a period of significant technological competition.

Cook’s package includes a $3 million base salary, unchanged for nearly a decade. The majority comes from $57.5 million in stock awards and $12 million in performance-based incentives. Approximately $1.76 million covered security, private air travel, and other benefits. The structure tightly links executive rewards to Apple’s stock performance and long-term shareholder returns.

The filing also reveals pay for other top leaders. New Chief Financial Officer Kevan Parekh received $22.5 million in his first year in the role. Chief Operating Officer Jeff Williams earned $27.1 million, while hardware engineering chief John Ternus and operations head Sabih Khan each received approximately $27 million.

Apple’s board has maintained its current compensation targets for 2026, expressing confidence in a framework that requires outperforming most of the S&P 500 for top payouts. The company’s median employee pay was $98,000 last year, resulting in a pay ratio of 754-to-1 between the median worker and the CEO—a detail often noted in discussions of income inequality within major corporations.

While Cook’s pay is substantial, it remains below recent peaks and is structured to retain leadership during a critical phase for the company’s ventures into new technologies. The figures offer a clear, if expensive, snapshot of how Apple chooses to reward the team steering its future.

Source: Webpronews