Tim Cook Gets $47 Million to Stick Around as Apple Chair: His New Pay Check Nearly Matches New CEO John Ternus’ Package
The package includes a $3 million salary and equity awards tied to Apple’s performance against S&P 500 companies.
- On Tuesday, John Ternus officially took over as Apple CEO, with the company revealing a $58 million annual compensation package in an SEC filing.
- Ternus's $58 million package includes a $3 million salary and $55 million in annual equity awards beginning fiscal 2027, with 75% performance-based and 25% time-based RSUs.
- Meanwhile, former Apple CEO Tim Cook transitioned to executive chairman, receiving a $47 million compensation package including a $2 million salary and $45 million in equity awards.
- Cook will manage Apple's relationships with President Trump and the Chinese government in his new capacity, while executive Eddy Cue adds App Store oversight to his responsibilities.
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What Is John Ternus’ Salary After Becoming Apple CEO? Full Compensation Explained
John Ternus’ Apple CEO salary is set at $3 million annually, with additional compensation tied to Apple’s performance and equity awards. John Ternus will earn a $3 million annual salary as Apple CEO, alongside performance-linked stock and equity awards.
Apple's new CEO, John Ternes, has taken charge. Previously, this position was held by Tim Cook, who has now been elevated to Chief Executive. John Ternes will play a key role in making many major decisions, including the launch of the iPhone 18 Pro. Do you know their salaries? Let's find out in detail.
John Ternus Salary Amount: Know How Much New Apple CEO Will Receive and What Tim Cook Will Get? | 📲 LatestLY
Apple has disclosed the compensation packages for new CEO John Ternus and executive chairman Tim Cook following the leadership transition. Ternus will receive an annual base salary of USD 3 million, alongside performance-based and time-based equity awards. Cook will also receive a new compensation package as he moves into his executive chairman role. Check amounts here. 📲 John Ternus Salary Amount: Know How Much New Apple CEO Will Receive and W…
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