TL;DR
Apple's 2026 proxy filing breaks down executive compensation for 2025, showing CEO Tim Cook earned $74,294,811 and several senior leaders received multimillion-dollar packages. The filing details salary, stock awards, performance payouts and a category of "all other compensation" that includes retirement contributions, security and private air travel costs.
What happened
Apple's definitive proxy statement for 2026, filed in January, provides a line-by-line accounting of executive pay for 2025. The company reports CEO Tim Cook's total compensation for the year as $74,294,811, composed of a $3,000,000 salary, $57,535,293 in stock awards, $12,000,000 in non-equity incentive plan compensation tied to company performance, and $1,759,518 classified as "all other compensation." That miscellaneous category is broken down in the filing and includes 401(k) contributions, term life insurance premiums, vacation cash-out, security expenses and the incremental costs of personal air travel. The proxy also lists compensation totals for other senior executives: Kevan Parekh, Kate Adams, Sabih Khan, Luca Maestri and Deirdre O’Brien. The filing notes the Board requires Mr. Cook to use private aircraft for business and personal travel. Apple’s annual shareholders meeting will be held virtually on February 24, 2026.
Why it matters
- The proxy gives shareholders a detailed view of how Apple ties pay to company performance through large stock awards and incentive plans.
- Disclosure of security and private travel costs shows part of executives’ reported compensation beyond salary and awards.
- Executive pay figures can influence investor sentiment and votes at the upcoming annual shareholders meeting.
- Transparent breakdowns help analysts and the public evaluate corporate governance and alignment between leadership and shareholders.
Key facts
- Tim Cook's total reported compensation for 2025: $74,294,811.
- Cook's 2025 components: $3,000,000 salary; $57,535,293 stock awards; $12,000,000 non-equity incentive plan compensation; $1,759,518 all other compensation.
- Items in Cook's "all other compensation" include $21,000 (401(k) contribution), $2,964 (term life insurance), $57,692 (vacation cash-out), $887,870 (security expenses) and $789,991 (personal air travel incremental costs).
- Board policy requires Tim Cook to use private aircraft for all business and personal travel, cited for security and efficiency.
- Kevan Parekh (CFO) total for 2025: $22,467,309 (salary $891,519; stock awards $18,433,135; non-equity incentive $3,120,317; all other $22,338).
- Kate Adams (general counsel) total for 2025: $27,032,248 (salary $1,000,000; stock awards $22,009,766; non-equity incentive $4,000,000; all other $22,482).
- Sabih Khan (COO) total for 2025: $27,031,671 (salary $1,000,000; stock awards $22,009,766; non-equity incentive $4,000,000; all other $21,905).
- Luca Maestri (former CFO) total for 2025: $15,482,928 (salary $819,231; stock awards $13,003,031; non-equity incentive $1,638,462; all other $22,204).
- Deirdre O’Brien (Retail + People SVP) total for 2025: $27,047,633 (salary $1,000,000; stock awards $22,009,766; non-equity incentive $4,000,000; all other $37,867).
- Apple's annual shareholders meeting is scheduled to be held virtually on February 24, 2026 at 8:00 a.m. PT; shareholders of record as of January 2, 2026 can attend and vote.
What to watch next
- Apple’s virtual annual meeting on February 24, 2026, where shareholders may discuss executive compensation and vote on related matters (confirmed in the source).
- Whether the Board will adjust compensation structures or targets in future proxy statements: not confirmed in the source.
- Shareholder reactions or proxy advisory recommendations regarding these pay packages: not confirmed in the source.
Quick glossary
- Proxy filing (proxy statement): A document companies send to shareholders ahead of annual meetings that discloses governance, executive compensation and matters up for shareholder votes.
- Stock awards: Equity-based compensation granted to employees or executives, often intended to align their interests with long-term shareholder value.
- Non-equity incentive plan compensation: Cash bonuses or other payments tied to performance goals, distinct from stock-based awards.
- 401(k) plan: A retirement savings plan sponsored by employers that allows employees to save and invest a portion of their paycheck on a tax-advantaged basis.
- All other compensation: A catch-all proxy statement category for additional pay-related items such as retirement contributions, insurance premiums, travel and security expenses.
Reader FAQ
How much did Tim Cook make in 2025?
Apple reports Tim Cook’s total compensation for 2025 as $74,294,811.
What makes up Cook’s reported compensation?
The filing lists salary, large stock awards, a performance-based non-equity incentive payment, and an "all other" category that includes retirement, security and personal air travel costs.
Who else at Apple had multimillion-dollar pay packages in 2025?
Senior executives listed in the filing include Kevan Parekh, Kate Adams, Sabih Khan, Luca Maestri and Deirdre O’Brien, with totals ranging from roughly $15.48M to $27.05M.
When is Apple’s annual shareholders meeting?
Apple’s annual meeting is scheduled to be held virtually on February 24, 2026 at 8:00 a.m. PT; shareholders of record as of January 2, 2026 may attend and vote.
Is Tim Cook required to travel by private plane?
Yes; the filing says the Board requires Mr. Cook to use private aircraft for all business and personal travel for security and efficiency reasons.
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Sources
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