Apple Chief Executive Tim Cook made more than $74.6 million in 2024, a bump from the previous year.

Cook's base salary of $3 million has remained unchanged in the past three years, but his total compensation increased 18% in 2023, the technology giant said in a proxy statement Friday.

Cook earned $58.1 million in stock awards, $12 million in non-equity incentive plan compensation and $1.5 million in other compensation.

Apple's compensation committee decided to increase the target value of Cook's equity award to $50 million from $40 million because Cook's 2023 pay would have been near the low end compared with benchmark data about peer CEOs' pay, the company said in the filing.

Senior vice presidents Luca Maestri, Kate Adams and Deirdre O'Brien all received the exact same total compensation of $27,179,257. Chief Operating Officer Jeff Williams, meanwhile, received a slightly smaller pay package; his total compensation was listed as $27,177,812.