Apple AAPL
Apple's February 25, 2025 meeting votes on directors, pay and shareholder proposals
Annual meeting Feb 25, 2025Filed Jan 10, 2025Original
A proxy statement (DEF 14A) is what a US listed company sends holders before its annual meeting: the proposals, the board's position on each, and the officers' pay.
What was Apple's chief executive paid?
Pay versus performance table · 4 fiscal years
Mr. Cook · fiscal 2024 total pay
$74.6M
Compensation actually paid $169M
$100 put in on Sep 27, 2020 was worth $207.59 on Sep 28, 2024 · peer group $198.69
| Fiscal year | Total pay | Actually paid |
|---|---|---|
| 2021 | $98.7M | $311.8M |
| 2022 | $99.4M | $128.8M |
| 2023 | $63.2M | $106.6M |
| 2024 | $74.6M | $169M |
Fiscal 2024 (ended Sep 28, 2024) · filed Jan 10, 2025Whalegun
What holders vote on
- 1Election of directorsDirectorsBoard: for
- 2Ratification of the independent registered public accounting firmAuditorBoard: for
- 3Advisory vote to approve executive compensationExecutive payBoard: for
- 4Shareholder proposal: report on ethical AI data acquisition and usageShareholder proposalBoard: against
- 5Shareholder proposal: report on costs and benefits of CSAM-identifying software and user privacyShareholder proposalBoard: against
- 6Shareholder proposal: request to cease DEI effortsShareholder proposalBoard: against
- 7Shareholder proposal: report on charitable givingShareholder proposalBoard: against
What the statement says
- The Board supports each nominee, including Tim Cook, Art Levinson and Wanda Austin.
- Shareholder proposals are items 4 through 7, and the Board opposes all of them.
- They ask for reports on ethical AI data use, child sex abuse material-identifying software and charitable giving, and for ending DEI efforts.
Pay and what holders earned
Total pay is the summary compensation table's total; compensation actually paid adds the change in value of the awards over the year, so it moves with the share price.
| Fiscal year | Chief executive | Total pay | Actually paid | Other officers' average | Value of $100 | Peer group | Net income |
|---|---|---|---|---|---|---|---|
| Sep 28, 2024 | Mr. Cook | $74.6M | $169M | $27.2M | $207.59 | $198.69 | $93.7B |
| Sep 30, 2023 | Mr. Cook | $63.2M | $106.6M | $26.9M | $155.24 | $131.99 | $97B |
| Sep 24, 2022 | Mr. Cook | $99.4M | $128.8M | $27.2M | $135.59 | $97.30 | $99.8B |
| Sep 25, 2021 | Mr. Cook | $98.7M | $311.8M | $27M | $131.69 | $139.22 | $94.7B |
The $100 is invested on Sep 27, 2020.
The company's own statement, put into Korean. The numbers are the statement's.