Tim Cook, CEO of Apple, received $63.2 million in 2023, a decrease from $99.4 million in 2022.

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His base salary has remained at $3 million since 2016.

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Cook's 2023 compensation included $46.9 million in stock awards, $10.7 million in performance-based bonuses.

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Despite the decrease, Cook's pay is still significantly higher.

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Cook recommended a voluntary pay cut in 2023

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This demonstrates his commitment to Apple's performance and reducing his compensation by 40%

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Cook's 2023 compensation was still notably higher than his annual compensation in 2021, which was $98.7 million.

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The change in Cook's compensation structure, with an increased portion of performance based RSUs granted to him

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Cook's leadership and strategic decisions continue to drive Apple's success as the second most valuable company in the US.

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