Apple Sets Executive Pay for New CEO John Ternus and Chair Tim Cook
Apple has finalized the compensation details for newly appointed CEO John Ternus, including a base salary and substantial performance awards. The company also confirmed that departing leader Tim Cook will receive a separate payout as he transitions to an executive chair role.
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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 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 →Coverage Timeline
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