库克5.1亿年薪获批！苹果两老臣超龄留任，接班人还是没影

Core Viewpoint - Apple's annual shareholder meeting highlighted CEO Tim Cook's approved salary of $74.3 million for the fiscal year 2025, equivalent to approximately 510 million RMB, raising discussions about executive compensation and performance alignment [1][2]. Compensation Breakdown - Tim Cook's compensation consists of four main components: a base salary of $3 million, stock awards valued at $57.5 million, a performance cash bonus of $12 million, and other compensation totaling $176,000 [2][3]. - The base salary has remained unchanged since 2016, representing a small portion of the total compensation [2]. - Stock awards account for over 77% of the total compensation, designed to align Cook's interests with Apple's long-term performance [3]. - The performance cash bonus is contingent on Apple's annual revenue and profit targets, emphasizing a pay-for-performance structure [3]. Board of Directors - Two aging board members, Art Levinson and Ron Sugar, were granted exceptions to remain on the board despite reaching the retirement age of 75, reflecting Apple's cautious approach during a critical transition period [6]. - The decision to retain experienced board members aims to stabilize leadership amid challenges such as AI lag and increased competition in the Chinese market [6]. - The potential successor to Cook, John Ternus, is noted for his hardware expertise but lacks the broader vision and experience that Cook possesses, raising concerns about the future leadership transition [9].