AAPL · Apple Inc. · Executive Compensation

$326.57 +11.23 (+3.56%) At close · Sep 10

S&P 500 member Nasdaq-100 member Russell 1000 member Dow 30 member Rebalance outlook locked

Market Cap

$4.60T

14.59B

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Tim Cook	Chief Executive Officer	$3,000,000	—	$57,535,293	—	$12,000,000	$1,759,518	$74,294,811
Deirdre O’Brien	Senior Vice President, Retail + People	$1,000,000	—	$22,009,766	—	$4,000,000	$37,867	$27,047,633
Kate Adams	Senior Vice President, General Counsel and Secretary	$1,000,000	—	$22,009,766	—	$4,000,000	$22,482	$27,032,248
Sabih Khan	Senior Vice President, Chief Operating Officer	$1,000,000	—	$22,009,766	—	$4,000,000	$21,905	$27,031,671
Kevan Parekh	Senior Vice President, Chief Financial Officer	$891,519	—	$18,433,135	—	$3,120,317	$22,338	$22,467,309
Luca Maestri	Former Senior Vice President, Chief Financial Officer	$819,231	—	$13,003,031	—	$1,638,462	$22,204	$15,482,928

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Tim Cook	Chief Executive Officer	$3,000,000	—	$58,088,946	—	$12,000,000	$1,520,856	$74,609,802
Luca Maestri	Former Senior Vice President, Chief Financial Officer	$1,000,000	—	$22,157,075	—	$4,000,000	$22,182	$27,179,257
Deirdre O’Brien	Senior Vice President, Retail + People	$1,000,000	—	$22,157,075	—	$4,000,000	$22,182	$27,179,257
Kate Adams	Senior Vice President, General Counsel and Secretary	$1,000,000	—	$22,157,075	—	$4,000,000	$22,182	$27,179,257
Jeff Williams	Chief Operating Officer	$1,000,000	—	$22,157,075	—	$4,000,000	$20,737	$27,177,812

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Tim Cook	Chief Executive Officer	$3,000,000	—	$46,970,283	—	$10,713,450	$2,526,112	$63,209,845
Jeff Williams	Chief Operating Officer	$1,000,000	—	$22,323,641	—	$3,571,150	$66,435	$26,961,226
Kate Adams	Senior Vice President, General Counsel and Secretary	$1,000,000	—	$22,323,641	—	$3,571,150	$46,914	$26,941,705
Deirdre O’Brien	Senior Vice President, Retail + People	$1,000,000	—	$22,323,641	—	$3,571,150	$42,219	$26,937,010
Luca Maestri	Former Senior Vice President, Chief Financial Officer	$1,000,000	—	$22,323,641	—	$3,571,150	$41,092	$26,935,883

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Tim Cook	Chief Executive Officer	$3,000,000	—	$82,994,164	—	$12,000,000	$1,425,933	$99,420,097
Deirdre O’Brien	Senior Vice President, Retail + People	$1,000,000	—	$22,132,015	—	$4,000,000	$19,783	$27,151,798
Luca Maestri	Former Senior Vice President, Chief Financial Officer	$1,000,000	—	$22,132,015	—	$4,000,000	$19,783	$27,151,798
Jeff Williams	Chief Operating Officer	$1,000,000	—	$22,132,015	—	$4,000,000	$18,337	$27,150,352
Kate Adams	Senior Vice President, General Counsel and Secretary	$1,000,000	—	$22,132,015	—	$4,000,000	$15,208	$27,147,223

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Tim Cook	Chief Executive Officer	$3,000,000	—	$82,347,835	—	$12,000,000	$1,386,559	$98,734,394
Deirdre O’Brien	Senior Vice President, Retail	$1,000,000	—	$21,959,620	—	$4,000,000	$61,191	$27,020,811
Luca Maestri	Senior Vice President, Chief Financial Officer	$1,000,000	—	$21,959,620	—	$4,000,000	$18,883	$26,978,503
Jeff Williams	Chief Operating Officer	$1,000,000	—	$21,959,620	—	$4,000,000	$17,437	$26,977,057
Kate Adams	Senior Vice President, General Counsel and Secretary	$1,000,000	—	$21,959,620	—	$4,000,000	$14,533	$26,974,153

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Deirdre O’Brien	Senior Vice President, Retail + People	$1,000,000	—	$21,657,687	—	$3,577,000	$37,684	$26,272,371
Luca Maestri	Senior Vice President, Chief Financial Officer	$1,000,000	—	$21,657,687	—	$3,577,000	$18,583	$26,253,270
Jeff Williams	Chief Operating Officer The grant date fair value for time-based RSUs is measured in accordance with FASB ASC 718 and based on the closing price of Apple’s common stock on the date of grant. The grant date fair value for performance-based RSUs is calculated using a Monte-Carlo model for each award on the date of grant, as determined under FASB ASC 718 based on the probable outcome of the performance condition as of the grant date. The grant date fair value for each award may differ based on the applicable data, assumptions, and estimates used in the model. See footnote 1 to the table entitled “Grants of Plan-Based Awards—2022.” As described under “Executive Compensation—Compensation Discussion and Analysis,” the named executive officers’ annual cash incentives are based on the performance of Apple relative to predetermined financial goals for the year and the performance of the individual named executive officer. The threshold, target, and maximum payout amounts for each named executive officer’s 2022 annual cash incentive opportunity are shown in the table entitled “Grants of Plan-Based Awards—2022.” In 2022, Apple’s performance exceeded the maximum performance goals for both net sales and operating income, resulting in a total payout of 200% of the total target payout opportunity for each named executive officer, which represents the maximum amount payable under the annual cash incentive plan. Upon review and discussion with management of the significant actions taken and progress achieved across each of our values and key community initiatives during 2022, the Compensation Committee did not adjust the payout opportunities and awarded annual cash incentive payouts equal to 200% of the target payout opportunity for each of our named executive officers.	$1,000,000	—	$21,657,687	—	$3,577,000	$17,137	$26,251,824
Kate Adams	Senior Vice President, General Counsel and Secretary	$1,000,000	—	$21,657,687	—	$3,577,000	$14,310	$26,248,997
Tim Cook	Chief Executive Officer	$3,000,000	—	—	—	$10,731,000	$1,038,259	$14,769,259

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Kate Adams	Senior Vice President, General Counsel and Secretary	$1,000,000	—	$21,633,416	—	$2,557,000	$41,384	$25,231,800
Luca Maestri	Senior Vice President, Chief Financial Officer	$1,000,000	—	$21,633,416	—	$2,557,000	$19,221	$25,209,637
Jeff Williams	Chief Operating Officer	$1,000,000	—	$21,633,416	—	$2,557,000	$17,503	$25,207,919
Angela Ahrendts	Former Senior Vice President, Retail	$630,361	—	$21,633,416	—	—	$14,465	$22,278,242
Deirdre O’Brien	Senior Vice President, Retail + People	$877,500	—	$16,469,527	—	$1,795,000	$17,753	$19,159,780
Tim Cook	Chief Executive Officer	$3,000,000	—	$0	—	$7,671,000	$884,466	$11,555,466

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Kate Adams	Senior Vice President, General Counsel and Secretary	$884,615	—	$21,509,765	—	$4,000,000	$306,280	$26,700,660
Jeff Williams	Chief Operating Officer	$1,000,000	—	$21,491,888	—	$4,000,000	$51,818	$26,543,706
Angela Ahrendts	Former Senior Vice President, Retail	$1,000,000	—	$21,491,888	—	$4,000,000	$46,942	$26,538,830
Luca Maestri	Senior Vice President, Chief Financial Officer	$1,000,000	—	$21,491,888	—	$4,000,000	$17,804	$26,509,692
Tim Cook	Chief Executive Officer	$3,000,000	—	—	—	$12,000,000	$682,219	$15,682,219

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Angela Ahrendts	Former Senior Vice President, Retail	$1,019,231	—	$20,000,113	—	$3,109,000	$87,728	$24,216,072
Luca Maestri	Senior Vice President, Chief Financial Officer	$1,019,231	—	$20,000,113	—	$3,109,000	$13,271	$24,141,615
Tim Cook	Chief Executive Officer	$3,057,692	—	—	—	$9,327,000	$440,374	$12,825,066

Executive changes

Person	Role	Change	Effective	Filed
John Ternus	member of the Board	Appointed	2026-09-01	2026-04-20
John Ternus	Chief Executive Officer	Appointed	2026-09-01	2026-04-20
Ben Borders	Principal Accounting Officer	Appointed	2026-01-01	2026-01-02
Jennifer Newstead	general counsel	Appointed	2026-03-01	2025-12-05
Sabih Khan	Chief Operating Officer	Appointed	2025-07-25	2025-07-25
Jeff Williams	Chief Operating Officer	Retired	—	2025-07-09
Sabih Khan	Chief Operating Officer	Appointed	—	2025-07-09
Kevan Parekh	Senior Vice President, Chief Financial Officer	Appointed	2025-01-01	2025-01-03

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