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…
Apple has announced the new compensation package for CEO John Ternus, setting his target compensation at $58 million for fiscal 2027. This includes a $3 million salary, an annual equity award with a target value of $55 million, and a mix of time-based and performance-based RSUs. In comparison, current executive chairman Tim Cook will receive $47 million, including a $2 million salary and a $45 million equity award, with half of it granted based on Apple's stock performance.
The compensation changes come as part of Apple's annual SEC filing, with Ternus' specific pay details being public for the first time.
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