A report cited by BlockBeats says Tim Cook received about $2.397 billion in total compensation during his tenure as Apple chief executive from 2011 through fiscal 2025, with stock awards accounting for the vast majority of that figure. Based on value at vesting, the stock portion came to about $2.221 billion, or roughly 93% of the total, while salary, cash bonuses and other pay added up to about $176 million. The report also noted that Cook’s pay had drawn shareholder criticism during his time as CEO. In 2022, Apple’s executive compensation plan for fiscal 2021 won support from only 64% of shareholders, after which the company cut Cook’s target compensation and increased the share tied to performance-based stock awards. With Cook stepping down as CEO and becoming executive chair of Apple’s board, his pay package has been revised again. Disclosures show his annual salary will fall from $3 million to $2 million, while stock awards will decline from $50 million to $45 million, for a combined package of about $47 million. The new CEO, John Ternus, is set to receive annual stock awards worth $55 million.
BlockBeats reported on Sept. 7, citing Prism, that Tim Cook received about $2.397 billion in total compensation during his time as Apple CEO from 2011 through fiscal 2025, equal to about 16.1 billion yuan.
The report said stock awards made up most of that amount. Based on their value at vesting, those awards totaled about $2.221 billion, accounting for roughly 93% of Cook’s total compensation. Salary, cash bonuses and other compensation came to about $176 million.
According to the report, Cook’s pay had at times become a point of contention among shareholders. In 2022, Apple’s executive compensation plan for fiscal 2021 received support from only 64% of shareholders. Apple later cut Cook’s target compensation and raised the proportion of stock awards tied to performance.
After stepping down as CEO and taking on the role of executive chair of Apple’s board, Cook’s compensation package was adjusted again. Current disclosures show his annual salary will be reduced from $3 million to $2 million, and his stock award will be lowered from $50 million to $45 million, bringing the total to about $47 million.
At the same time, new CEO John Ternus is set to receive annual stock awards worth $55 million, maintaining an equity-heavy compensation structure.
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