Apple Names John Ternus as New CEO With $58 Million Compensation Package
Apple has officially appointed John Ternus as its next chief executive officer, announcing a total compensation package worth approximately $58 million. Outgoing leader Tim Cook will transition to executive chairperson, overseeing the company’s strategic direction as Ternus prepares to lead product development and corporate operations.
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Tim Cook to be paid $47mn as Apple’s executive chair
Pay package signals big role for former CEO as his successor John Ternus gets $58mn
Read full article →Apple CEO John Ternus started Tuesday. His $55 million award starts next year
Apple tied 75% of the new CEO’s annual equity target to shareholder return relative to the S&P 500. Neither award is granted until fiscal 2027
By Amanda Gerut
Read full article →Apple CEO John Ternus’ first memo to employees has a message on iPhone 18 series
Today marks a significant transition for Apple as John Ternus steps into the role of Chief Executive Officer. Tim Cook has gracefully shifted to the position of Executive Chairman after his impactful tenure. In his inaugural remarks, Ternus lauded Cook's visionary leadership and conveyed enthusiasm for the future innovations set to debut, bringing attention to an upcoming launch event and appreciating the dedication of Apple's workforce.
By TOI TECH DESK
Read full article →Apple Unveils Pay Package For New CEO John Ternus
Apple set a pay package worth $58 million for new CEO John Ternus, who formally took the reins from longtime chief executive Tim Cook today. His compensation includes a $3 million annual salary and equity awards valued at $55 million to be awarded in the company’s fiscal 2027, which starts in October. The tech giant […]
By Jillg366
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