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Apple’s annual proxy statement, released on January 8, 2026, revealed that CEO Tim Cook’s total compensation for fiscal 2025 was approximately $74.3 million. This represents a slight decrease from the $74.6 million he earned in 2024.

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Here’s a breakdown of Cook’s compensation package:

  • Base salary: $3 million, unchanged since 2016.

  • Stock awards: $57.5 million.

  • Performance-based cash incentives: $12 million.

  • Other compensation: $1.76 million, which includes contributions to 401(k) plans, life insurance premiums, vacation cash-outs, security costs, and personal air travel expenses.

Apple mandates that Cook use private aircraft for all business and personal travel, citing efficiency and security reasons.

Although Apple aimed for a compensation package of $59 million for Cook, which was the same as in 2024, the company’s strong performance led to higher incentive payouts. As a result, Cook’s actual earnings exceeded the target. This compensation structure ties a substantial portion of executive pay to Apple’s results and long-term shareholder value.

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