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Apple Shareholders Re-elect Board, Approve Executive Pay

AppleInsider •
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Apple's 2026 shareholder meeting followed the usual script, with investors approving all board recommendations without surprise. The February 24 meeting saw shareholders re-elect the existing board members and approve executive compensation packages, including CEO Tim Cook's $74.3 million total compensation for 2025.

All five proposals on the ballot passed as expected. The board successfully recommended approval for director elections, accounting firm reappointment, and the non-employee director stock plan. Shareholders also backed executive compensation, which included Cook's $59 million target package featuring a $3 million base salary, $6 million cash incentive, and $50 million in equity awards.

The only shareholder-submitted proposal failed decisively. The National Center for Public Policy Research's China Entanglement Audit, which sought to assess risks from Apple's operations in China including tariffs and supply chain vulnerabilities, was rejected after the board argued such disclosures were already sufficient and the proposal was overly prescriptive.