Apple CEO Tim Cook’s pay rises 18%; company opposes anti-diversity measure

Apple Inc. disclosed a 18 per cent pay increase for Chief Executive Officer Tim Cook ahead of its annual meeting next month, while also saying it opposed a shareholder measure calling for an end to the company’s diversity program.

Cook’s compensation grew to $74.6 million in 2024, compared with $63.2 million the prior year, Apple said in its annual proxy filing on Friday. In addition to executive compensation, investors will vote on four outside proposal at the meeting on Feb. 25. The company opposed all of them