Cook has received a $3 million base salary for the past three years, but his total compensation for leading Apple was $99.4 million in 2022.
CUPERTINO, Calif. — Apple CEO Tim Cook will take a more than 40% pay cut this year from a year earlier as the company adjusts how it calculates his compensation partly based on a recommendation from Cook himself.
Apple Inc. said in a regulatory filing late Thursday that Cook’s target total compensation is $49 million for 2023, with a $3 million salary, $6 million cash incentive and $40 million in equity awards.
Last March the Cupertino, California, company conducted
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