Here’s How Much Apple Is Paying John Ternus as CEO, Tim Cook as Executive Chairman
The package includes a $3 million salary and equity awards tied to Apple’s performance against S&P 500 companies.
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New Apple CEO John Ternus Eyes $58 Million Pay Package After Succeeding Tim Cook
Cook, who moves to an executive chair role, is eligible for a $47 million compensation package The post New Apple CEO John Ternus Eyes $58 Million Pay Package After Succeeding Tim Cook appeared first on TheWrap.
Apple Sets Pay Targets at $58 Million for Ternus, $47 Million for Cook
Apple Inc. said that new Chief Executive Officer John Ternus will get a compensation package worth about $58 million in fiscal 2027, while Tim Cook’s role as executive chairman will pay around $47 million.
Here's What Apple is Paying John Ternus to Run the Company
Apple has set new CEO John Ternus' target compensation at $58 million, according to an updated SEC filing [PDF] (via Bloomberg). Tim Cook will earn around $47 million in his new role as executive chairman. Ternus' fiscal 2027 compensation includes a $3 million salary and an annual equity award with a target value of $55 million. A quarter of the award is time-based and will vest semiannually over four years. The rest of the restricted stock unit…
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