Tim Cookcan have a smile, his remuneration is up sharply this year. This is all that we can remember fromthe annual declarationcarried out by Apple with the Securities and Exchange Commission (SEC), the American financial markets watchdog. Here's what you need to know.
Rising income
Concretely, the CEO of the Cupertino firm pocketed $74.6 million in 2024. In detail, this includes a base salary of $3 million, to which must be added $58 million in shares. Finally, this sum is supplemented by 12 million in bonuses based on performance and 1.5 million qualified as “other remuneration”. This is the case for vacation pay, life insurance premiums, and even transport and security expenses.
As our colleagues atMacRumors, Apple had set a remuneration of 59 million for its CEO, but he was able to receive more thanks to incentive bonuses and the good results of the company obtained last year. In any case, he remains quite far from his record remuneration obtained in 2022: 99 million dollars.
As for the other executives of the apple brand, including Luca Maestri, Kate Adams, Deirdre O'Brien and Jeff Williams, they took in $27.2 million last year, compared to $27 million a year earlier.
For comparison, remember that Tim Cook had received $63.2 million in 2023. This sum notably included $47 million in stock bonuses, $10.7 million in performance-based bonuses and 2.5 million dollars in various compensations. To learn more about this, feel free to goreread our previous article here.
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By : Keleops AG
