Tim Cook Photo by Tommaso Boddi/Getty Images Share on Facebook Share on X Google Preferred Share to Flipboard Show additional share options Share on LinkedIn Share on Pinterest Share on Reddit Share on Tumblr Share on Whats App Send an Email Print the Article Post a Comment Amid reports of a near-term changing of the guard atop the technology giant, Apple CEO Tim Cook saw his compensation package remain essentialy flat in 2025, with the executive receiving a package valued at $74.3 million. By comparison, his 2024 package totaled $74.6 million. The company disclosed Cook's pay in a filing with the Securities and Exchange Commission Thursday afternoon. Cook's package included a $3 million salary, flat with last year, $57.5 million stock awards, down slightly from last year, $12 million in non-equity incentive plan compensation, flat with last year, and $1.7 million in other compensation, mostly for security and private jet costs. Related Stories Music Why Beats Is Betting on the Creator Economy With Its New Ad Campaign TV Ruth Wilson on That 'Down Cemetery Road' Finale and Hopes for a Season 2 With Emma Thompson: "There's More Juice in That Relationship" The filing comes the same day that The New York Times reported that Cook has told Apple's board that he would like to reduce his workload, and that the company would likely shift him to a new role as chairman of the board should he choose to retire. The Times identified Apple senior VP John Ternus as a plausible successor, though there are other executives inside the company that have been floated. Apple's annual meeting is set to take place at the end of February. Cook's future with Apple was not addressed in the filing, though it did note that the board was regularly engaged on matters of succession planning, and that Cook would be eligible for an enhanced retirement package, should he step down. "Mr. Cook's outstanding equity awards include a retirement vesting provision approved by the People and Compensation Committee in recognition of the unique impact of his leadership decisions on the long-term growth and success of Apple and to facilitate thoughtful succession planning when appropriate," the filing said. "Retirement is defined as a termination of employment after reaching at least 60 years of age and completing at least 10 years of service with Apple. Mr. Cook has met these requirements." THR Newsletters Sign up for THR news straight to your inbox every day Subscribe Sign Up THR, Esq Justice Dept. Starts Review of Paramount Hostile Bid for Warner Bros. Disney Jimmy Zasowski Upped to President of Platform Distribution for Disney Entertainment and ESPN Seven Letter Hollywood PR Veteran Brandon Shaw Joins Firm to Launch L.A. Office Heat Vision How the Sphere Morphed Into an Interactive Lego Death Star Los Angeles Wildfires One Year After L.A.'s Fires, a Grassroots Effort Mobilizes to Keep Film and TV Projects In the City Warner Bros. Discovery Paramount Stands By $30 Per Share Offer for Warner Bros. Discovery Despite Rejections THR, Esq Justice Dept. Starts Review of Paramount Hostile Bid for Warner Bros. Disney Jimmy Zasowski Upped to President of Platform Distribution for Disney Entertainment and ESPN Seven Letter Hollywood PR Veteran Brandon Shaw Joins Firm to Launch L.A. Office Heat Vision How the Sphere Morphed Into an Interactive Lego Death Star Los Angeles Wildfires One Year After L.A.'s Fires, a Grassroots Effort Mobilizes to Keep Film and TV Projects In the City Warner Bros. Discovery Paramount Stands By $30 Per Share Offer for Warner Bros. Discovery Despite Rejections