Apple Appoints John Ternus as New CEO Following Tim Cook’s Transition
Apple has officially named executive vice president John Ternus as its next chief executive officer, marking the end of Tim Cook’s tenure. The company also disclosed multi-million dollar compensation packages for both leaders as it pivots toward artificial intelligence and new hardware formats.
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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 →Tim Cook scores $47 million pay deal to stay on as Apple's chairman
Tim Cook is Apple's executive chair and former CEO. Kevin Dietsch/Getty Images Tim Cook is poised to earn about $47 million in annual salary and stock awards as Apple's chairman. Cook stepped down as Apple's CEO this week after 15 years in the top job. John Ternus stands to earn $58 million in salary and stock awards in his first year as CEO. Tim Cook is no longer Apple's CEO, but he'll continue to collect a CEO-sized paycheck. This week, Cook handed Apple's reins to John Ternus after 15 ye...
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 →John Ternus takes over as Apple enters era of AI, foldable phones
John Ternus took over as Apple’s chief executive on Tuesday, inheriting a company that towers over the smartphone market but trails its rivals in artificial intelligence. One of his biggest challenges will be balancing the company’s dependence on China while parrying acute political pressure from the White House. The handover ends Tim Cook’s 15-year run, replacing the operations specialist who built Apple’s supply chain with the engineer who built its hardware. Ternus, 51, joined Apple’s desi...
By [email protected] (AFP)
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
Read full article →Apple’s new boss has to be Tim Cook and Steve Jobs rolled into one - The Observer
Apple’s new boss has to be Tim Cook and Steve Jobs rolled into one The Observer
Read full article →End of the Cook era at Apple: bigger and richer, but catching up in AI race - news24.com
End of the Cook era at Apple: bigger and richer, but catching up in AI race news24.com
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