Tim Cook Salary

Cook's compensation grew to $74.6 million in 2024, compared with $63.2 million the prior year, Apple said in its annual proxy filing on Friday

Apple will reportedly introduce its long-rumoured AR/VR headset during the upcoming Worldwide Developers Conference (WWDC) in June, and according to Apple analyst Ming-Chi Kuo

Cook, whose salary remained at $3 mn, received $82.3 mn in stock awards, $12 mn for hitting Apple's targets and $1.4 mn for air travel, 401(k) plan, insurance premiums and others

The award depended on how well Apple's shares performed compared to other firms on the S&P 500 stock index

His 2019 bonus, which is tied to Apple's performance, tallied $7.7 mn, and was calculated based on Apple exceeding its sales target by only 28%; the incentive was $12 mn in 2018

The $12 million bonus to Cook was linked to revenue and operating income targets -- both of which rose 16% from 2017

The news came a week after Apple cut its revenue outlook for the latest quarter

Reported pay was $8.75 mn, which ranked him as bottom third of all CEOs in S&P companies