cook heroApple CEO Tim Cook earned over $11 million in salary in 2019 according to the 2019 proxy statement Apple filed with the SEC today.

Cook earned a base salary of $3,000,000 in addition to $7.7 million in incentives awarded for performance. Cook also received another $884k in "other compensation" for a total of $11,555,466.

Other compensation includes life term insurance premiums, contributions to a 401k plan, vacation cash out (totaling $92,000), $457,083 in security expenses, and $315,311 for his personal use of private aircraft.

Cook earned more than $4 million less than the $15 million he earned in 2018. The salary listed here does not include stock awards that were received in 2019, with Cook earning over $113 million from shares that vested in 2019.

appleemployeecompensation
Most other Apple executives received a base salary of close to $1 million, along with stock and incentives of $20 to $25 million. Luca Maestri, Kate Adams, and Jeff Williams earned over $25 million.

Angela Ahrendts, who left the company early in the year, earned $22 million, while her replacement, Deirdre O'Brien, earned $19 million.

All Apple executives earned significantly more than the median salary at Apple, which was $57,596 because of the large number of retail and support employees that work for Apple. Cook earned 201 times more than the average employee compensation.

The full proxy statement from Apple includes additional salary details, proposals that will be voted on at Apple's upcoming 2020 shareholders meeting set to be held on February 26, 2020.

Top Rated Comments

I7guy Avatar
72 months ago
Based on where Apple is today, he earned every penny.
Score: 27 Votes (Like | Disagree)
Narrator Jack Avatar
72 months ago
Write to Apple insisting they stop spending Billions buying back their own stock which mainly enriches the top executives...and without shareholder approval. That's money that could be spent on cutting prices on products, increasing one million serf wages paid to those building said products, paying stock dividends, and funding research and development.
Score: 11 Votes (Like | Disagree)
Abazigal Avatar
72 months ago
Haha. The other thread on Apple's stock price hasn't even cooled down and here's another article that's going to rile up the haters who think that Apple has lost its way.

But I do concur with @I7guy that Tim Cook has earned every penny. Different people are needed at different points in a company history. Jobs was right for his era, but I maintain that he would have been a disaster for the Cook era. Cook is amazing, and has been responsible for most of the achievements of Apple, albeit not the initial innovation and concept that Jobs provided. Rather, what Cook has done is refine Apple's culture and expanded it, and has done as fine a job as any CEO in American history, if not world business history.
Score: 9 Votes (Like | Disagree)
tridley68 Avatar
72 months ago
All that money and they still can't make a decent Mac Book Pro keyboard
Score: 6 Votes (Like | Disagree)
Abazigal Avatar
72 months ago

Write to Apple insisting they stop spending Billions buying back their own stock which mainly enriches the top executives...and without shareholder approval. That's money that could be spent on cutting prices on products, increasing one million serf wages paid to those building said products, paying stock dividends, and funding research and development.
Share buyback benefits everyone who holds Apple stock. Paying out more dividends would simply cause the shareholders to have to pay more tax, while a higher share price would still allow them to defer their taxable income to a time of their choosing (ie: when they do finally decide to sell their stock).

Past a certain point, I don't think throwing more money at R&D is going to yield better results. It would simply be throwing good money after bad.

As for lowering prices, Apple's margins have actually decreased in recent years.

And I am going to assume that Apple pays its staff competitive wages.

At the end of the day, Apple's ability to grab monopoly-like share of profits in the respective markets isn’t a result of there being an Apple Tax, but rather borne out of a design-led product strategy that ultimately marginalises entire industries.
Score: 6 Votes (Like | Disagree)
69Mustang Avatar
72 months ago
Get that bread Tim. You earned every dollar.
Score: 6 Votes (Like | Disagree)

Popular Stories

iPhone 17 Pro Lower Logo Feature 1

iPhone 17 Pro Coming Soon With These 14 New Features

Monday June 30, 2025 1:08 pm PDT by
Apple's next-generation iPhone 17 Pro and iPhone 17 Pro Max are less than three months away, and there are plenty of rumors about the devices. Apple is expected to launch the iPhone 17, iPhone 17 Air, iPhone 17 Pro, and iPhone 17 Pro Max in September this year. Below, we recap key changes rumored for the iPhone 17 Pro models:Aluminum frame: iPhone 17 Pro models are rumored to have an...
Apple Watch Ultra Night Mode Screen

Apple Watch Ultra 3 Launching Later This Year With Two Key Upgrades

Wednesday July 2, 2025 1:13 pm PDT by
The long wait for an Apple Watch Ultra 3 appears to be nearly over, and it is rumored to feature both satellite connectivity and 5G support. Apple Watch Ultra's existing Night Mode In his latest Power On newsletter, Bloomberg's Mark Gurman said that the Apple Watch Ultra 3 is on track to launch this year with "significant" new features, including satellite connectivity, which would let you...
iPhone 17 Pro Lower Logo Magsafe

iPhone 17 Pro's New MagSafe Design Revealed in Leaked Photo

Wednesday July 2, 2025 8:37 am PDT by
The upcoming iPhone 17 Pro and iPhone 17 Pro Max are rumored to have a slightly different MagSafe magnet layout compared to existing iPhone models, and a leaked photo has offered a closer look at the supposed new design. The leaker Majin Bu today shared a photo of alleged MagSafe magnet arrays for third-party iPhone 17 Pro cases. On existing iPhone models with MagSafe, the magnets form a...
A18 Pro Chip

New MacBook With A18 Pro Chip Spotted in Apple Code

Monday June 30, 2025 8:05 am PDT by
Apple is developing a MacBook with the A18 Pro chip, according to findings in backend code uncovered by MacRumors. Earlier today, Apple analyst Ming-Chi Kuo reported that Apple is planning to launch a low-cost MacBook powered by an iPhone chip. The machine is expected to feature a 13-inch display, the A18 Pro chip, and color options that include silver, blue, pink, and yellow. MacRumors...
macbook air spacegray purple

Apple Planning to Launch Low-Cost MacBook Powered By iPhone Chip

Monday June 30, 2025 3:20 am PDT by
Apple is planning to launch a low-cost MacBook powered by an iPhone chip, according to Apple analyst Ming-Chi Kuo. In an article published on X, Kuo explained that the device will feature a 13-inch display and the A18 Pro chip, making it the first Mac powered by an iPhone chip. The A18 Pro chip debuted in the iPhone 16 Pro last year. To date, all Apple silicon Macs have contained M-series...
Wi Fi WiFi General Feature

iOS 26 Adds a Useful New Wi-Fi Feature to Your iPhone

Wednesday July 2, 2025 6:36 am PDT by
iOS 26 and iPadOS 26 add a smaller yet useful Wi-Fi feature to iPhones and iPads. As spotted by Creative Strategies analyst Max Weinbach, sign-in details for captive Wi-Fi networks are now synced across iPhones and iPads running iOS 26 and iPadOS 26. For example, while Weinbach was staying at a Hilton hotel, his iPhone prompted him to fill in Wi-Fi details from his iPad that was already...
iOS 18

Apple Releases Second iOS 18.6 Public Beta

Tuesday July 1, 2025 10:19 am PDT by
Apple today seeded the second betas of upcoming iOS 18.6 and iPadOS 18.6 updates to public beta testers, with the betas coming just a day after Apple provided the betas to developers. Apple has also released a second beta of macOS Sequoia 15.6. Testers who have signed up for beta updates through Apple's beta site can download iOS 18.6 and iPadOS 18.6 from the Settings app on a compatible...
maxresdefault

Five Features Coming to AirPods Pro 3

Friday June 27, 2025 10:52 am PDT by
Apple hasn't updated the AirPods Pro since 2022, and the earbuds are due for a refresh. We're counting on a new model this year, and we've seen several hints of new AirPods tucked away in Apple's code. Rumors suggest that Apple has some exciting new features planned that will make it worthwhile to upgrade to the latest model. Subscribe to the MacRumors YouTube channel for more videos. Heal...
replay all time playlist apple music

Apple Music Debuts All-New Personalized Playlist

Monday June 30, 2025 7:16 am PDT by
As part of its 10-year celebrations of Apple Music, Apple today released an all-new personalized playlist that collates your entire listening history. The playlist, called "Replay All Time," expands on Apple Music's existing Replay features. Previously, users could only see their top songs for each individual calendar year that they've been subscribed to Apple Music, but now, Replay All...