Apple CEO Tim Cook’s 2024 earnings have increased by 18 percent compared to the previous year, reaching approximately $75 million.
How much did the Apple CEO earn in 2024?
According to the documents disclosed by the company, this amount consists of a base salary of $3 million, stock awards worth $58.1 million, a performance bonus of $12 million, and approximately $1.5 million in payments for additional items such as security, travel, and retirement.
Although impressive, this figure remains below the approximately $100 million Cook received in 2022. Apple’s board of directors stated that the targeted compensation for 2025 has not changed, and that a significant payment is expected the following year.
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Other senior Apple executives, including the retail chief, former chief financial officer, chief operating officer and general counsel, are set to earn a combined $27.2 million in 2024.
The announcement comes amid criticism from shareholders over Apple’s diversity, equity and inclusion initiatives, with investors demanding the programs be halted ahead of next month’s shareholder meeting, claiming they lead to discriminatory practices and legal risks.
