
In the latest annual proxy filings for 2025, Apple has disclosed that CEO Tim Cook's earnings reached approximately $74 million (around Rs 620 crore). This figure marks a slight decline from his 2024 compensation of $74.6 million. The filings not only highlight Cook's salary but also provide insights into the compensation packages of other top executives at Apple, including CFO Kevan Parekh and COO Sabih Khan. A closer look at Cook's earnings reveals that a significant portion of his compensation stemmed from stock-based awards, which are contingent on the company's overall performance. Specifically, Cook received a base salary of $3 million (approximately Rs 27 crore). Additionally, his stock awards totaled $57,535,293 (around Rs 517 crore), while his non-equity incentive plan compensation was reported at $12 million (about Rs 108 crore). Other benefits, which encompass expenses such as security, travel, insurance, and vacations, accounted for $1,759,518 (approximately Rs 15 crore). For context, COO Sabih Khan earned about $27 million (approximately Rs 243 crore), and CFO Kevan Parekh received $22.4 million (around Rs 201 crore). This pay structure illustrates a strong emphasis on performance-based equity compensation across Apple's executive team. Looking ahead, there are speculations that Cook may transition from his CEO position to reduce his workload, potentially continuing as Chairman of the Board. Industry experts suggest that John Ternus, Apple's head of engineering, is a likely candidate to succeed Cook as the company embarks on a new chapter focused on innovations in artificial intelligence and foldable technology.
In a strategic move to bolster its presence in the healthcare sector, Anthropic has acquired the biotech startup Coeffic...
TechCrunch | Apr 03, 2026, 21:00
Recent findings reveal a troubling trend among users of large language models (LLMs): a significant portion appears will...
Ars Technica | Apr 03, 2026, 21:10
In a dramatic turn of events, xAI, the artificial intelligence venture co-founded by Elon Musk, has seen a swift departu...
Business Insider | Apr 04, 2026, 09:35A groundbreaking study reveals that Native Americans have been engaging in games of chance using dice for over 12,000 ye...
Ars Technica | Apr 03, 2026, 23:00
Lucid Group experienced a promising end to 2025, significantly ramping up production by doubling its electric vehicle (E...
TechCrunch | Apr 04, 2026, 01:30