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    Kate Adams

    SVP, General Counsel, and Secretary at AApple Inc
    Since November 2017
    Age
    60 years
    Tenure
    Joined AAPL on November 1, 2017 as General Counsel and has since advanced to serve as SVP, General Counsel, and Secretary, overseeing all legal and compliance matters.

    About

    Kate Adams is a seasoned legal executive known for her comprehensive oversight of corporate governance, intellectual property, litigation, compliance, global security, and privacy at AAPL. She began her tenure at the company on November 1, 2017, joining as General Counsel before her role evolved into that of Senior Vice President, General Counsel, and Secretary, reflecting her growing responsibilities within the organization.

    Before her arrival at AAPL, she built an impressive career serving as General Counsel at Honeywell International Inc. from September 2008, after joining the company in 2003, and she also held a key partnership role at the law firm Sidley Austin LLP.

    Born in 1964 or 1965 and currently 60 years old, her professional journey exemplifies deep legal expertise and strategic leadership in high-profile roles. While details on her educational background are not provided, her career achievements and progression underscore her prominence in the legal field.

    Past Roles

    OrganizationRoleDate RangeDetails
    Honeywell International Inc. General Counsel September 2008 - November 2017 Left the role upon joining Apple
    Sidley Austin LLP Partner N/AHeld the position prior to joining Honeywell

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary $1,000,000 AnnualFixed annual cash salary
    Time-Based RSUs 58,408 RSUs; Fair Value: $10,000,034 Vesting over time (granted on October 1, 2023) Award granted as part of long-term incentive plan
    All Other Compensation $22,182 AnnualIncludes matching charitable contributions and other benefits
    Deferred Compensation Executive Contributions: $1,785,575; Aggregate Earnings: $1,989,941 Deferred (from 2023 payout)Aggregate Balance as of September 28, 2024: $10,870,935

    Performance Compensation

    Data from  FY 2024

    Performance-Based RSUs

    MetricDetails
    Grant DateOctober 1, 2023
    Target RSUs58,408 RSUs
    Grant Date Fair Value$12,157,041
    Performance MetricRelative Total Shareholder Return (TSR) versus the S&P 500
    Performance Period3 years (2024–2026)
    Vesting ScheduleVest on October 1, 2026, subject to meeting performance conditions
    Vesting Thresholds85th Percentile: 200% vest; 55th Percentile (Target): 100% vest; 25th Percentile: 25% vest; Below 25th Percentile: 0% vest; TSR negative results in cap at 100% vest
    Dividend EquivalentsIncluded, payable only if vesting conditions are met

    Non-Equity Incentive Plan Compensation

    MetricDetails
    Threshold$1,000,000
    Target$2,000,000
    Maximum$4,000,000
    Actual Payout200% of the target payout due to exceeding maximum performance goals on net sales and operating income
    NatureCash-based award paid out based on annual performance relative to predetermined financial and individual executive goals
    VestingNot applicable (cash-based award)