Apple CEO Tim Cook Earned $98.7M in Stock and Salary in 2021

Apple CEO Tim Cook's earnings totaled $98.7 million in base salary, stock, and other compensation, according to a statement that Apple filed with the SEC today.

timcooktulane
Cook earned a $3 million base salary, and he was provided with stock award of $82,347,835. This stock award is RSUs that will vest over time, and it includes $44.8 million in performance-based stock awards and $37.5 million in time-based stock awards. None of this stock has vested as of yet.

Cook also had more than 5 million shares vest in 2021, netting him a total of $754 million. Because these were granted in earlier years, the $754 million does not count as part of his 2021 compensation package.

In addition to the $3 million salary and $82 million stock grant, Cook received $12 million as non-equity incentive plan compensation and $1,386,559 in "Other" compensation. Other compensation includes a $23,077 vacation payout, $630,630 in security expenses, and $712,488 in personal air travel. Apple requires Cook to use a private airplane for security reasons.

In 2020, Cook earned a total of $14.8 million, not counting stock awards that vested during that time period. Cook's net worth has climbed to more than $1 billion since 2020, and it may soon exceed that based on the stock awards he's recently been provided with.

Other Apple executives such as Luca Maestri, Kate Adams, Jeff Williams, and Deirdre O'Brien received compensation ranging from $26 million to $27 million.

Top Rated Comments

aidler Avatar
29 months ago
Congratulations... well deserved... somehow I guess

You clearly work way more then 1.900 normal people combined and the huge responsibility you bear. I have no idea what it is, but I'm sure it is there. Each morning in your humongus closet you have to decide which suit to wear, and then the exausting long walk into your garage to again decide which supercar to use today. No normal human being has to bear such hardship.

So again.. well deserved?
Score: 22 Votes (Like | Disagree)
applicious84 Avatar
29 months ago
I earn that in an hour
Score: 20 Votes (Like | Disagree)
steve333 Avatar
29 months ago
It isn't well deserved, it's outrageous, just like most CEO pay is. The fact that some think this is OK is pretty sickening
Score: 20 Votes (Like | Disagree)
8281 Avatar
29 months ago

I agree but I still think he is underpaid. Should earn more.

[MEDIA=twitter]1478076791537352705[/MEDIA]
“Only worth $1.5 billion.” This isn’t rich now?
Score: 16 Votes (Like | Disagree)
jz0309 Avatar
29 months ago

government should tax this guy
they do, he pays taxes on his regular income like anyone else, and when he cashes in on his stock, he pays taxes like everyone else.
Score: 16 Votes (Like | Disagree)
Scotticus Avatar
29 months ago
Ah yes, another dude getting paid more than god while his employees can barely make ends meet: https://www.theverge.com/c/22807871/apple-frontline-employees-retail-customer-service-pandemic
Score: 15 Votes (Like | Disagree)

Popular Stories

iPhone 16 Camera Lozenge 2 Perspective Gray

Five Key Upgrades Coming to iPhone 16

Friday March 15, 2024 1:45 pm PDT by
The iPhone is Apple's top-selling product, and it gets an update every year. In 2024, we're expecting the iPhone 16 and iPhone 16 Pro lineup, with an arguably more interesting feature set than we got with the iPhone 15 and iPhone 15 Pro. Subscribe to the MacRumors YouTube channel for more videos. Capture Button All four iPhone 16 models are set to get a whole new button, which will be...
When To Expect New iPads Feature 1

Apple to Announce New iPads on March 26, Rumors Claim

Monday March 18, 2024 4:02 am PDT by
Apple is widely expected to release new iPad Air and OLED iPad Pro models in the next few weeks. According to new rumors coming out of Asia, the company will announce its new iPads on Tuesday, March 26. Chinese leaker Instant Digital on Weibo this morning 日发布%23">claimed that the date will see some sort of announcement from Apple related to new iPads, but stopped short of calling it an...
airpods 3 orange

Two New AirPods 4 Models Expected to Launch in September or October

Sunday March 17, 2024 7:56 am PDT by
Apple suppliers will begin production of two new fourth-generation AirPods models in May, according to Bloomberg's Mark Gurman. Based on this production timeframe, he expects the headphones to be released in September or October. Gurman expects both fourth-generation AirPods models to feature a new design with better fit, improved sound quality, and an updated charging case with a USB-C...
iphone se 4 modified flag edges

iPhone SE 4 Expected to Depreciate Heavily

Tuesday March 12, 2024 9:04 am PDT by
Resale value trends suggest the iPhone SE 4 may not hold its value as well as Apple's flagship models, according to SellCell. According to the report, Apple's iPhone SE models have historically depreciated much more rapidly than the company's more premium offerings. The third-generation iPhone SE, which launched in March 2022, experienced a significant drop in resale value, losing 42.6%...
iOS 17 Passkey With Apple ACCOUNT Feature

'Apple ID' Expected to Change to 'Apple Account' Starting With iOS 18

Sunday March 17, 2024 7:13 am PDT by
MacRumors was first to report that Apple was planning to rebrand "Apple ID" to "Apple Account" across its software platforms and websites like iCloud.com as early as this year, and now Bloomberg's Mark Gurman has corroborated this change. A mockup of the new Apple Account branding In his Power On newsletter today, Gurman said the new "Apple Account" branding will start to be used later this...
General iOS 17 Feature Orange Purple

iOS 17.4.1 Update for iPhone is Imminent

Monday March 18, 2024 5:27 am PDT by
iOS 17.4.1 and iPadOS 17.4.1 should be released within the next few days, with a build number of 21E235, according to a source with a proven track record. MacRumors previously reported that Apple was internally testing iOS 17.4.1. As a minor update for the iPhone, it will likely address software bugs and/or security vulnerabilities. It is unclear if the update will include any other changes. ...
M3 iPad Feature 3

New iPads Likely to Begin Shipping in April

Monday March 18, 2024 9:52 am PDT by
Apple's new iPad Pro models with OLED displays will likely begin shipping to customers in April, according to information shared today by Ross Young, CEO of display industry research firm Display Supply Chain Consultants. Bloomberg's Mark Gurman also said the new iPad Pro models might not ship until "deeper" into April in his Power On newsletter on Sunday:I've repeatedly said that new...