{
  "id": 4953300,
  "title": "Here’s how much Apple is paying John Ternus as CEO, Tim Cook as executive chairman",
  "url": "https://urgent.news/2026/09/01/heres-how-much-apple-is-paying-john-ternus-as-ceo-tim-cook-as",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-01T22:10:39.000Z",
  "source": {
    "name": "9to5Mac",
    "slug": "9to5mac",
    "url": "https://9to5mac.com/2026/09/01/john-ternus-gets-58m-pay-package-as-ceo-tim-cook-47m-as-chairman/"
  },
  "original_language": "en",
  "account": "Apple has disclosed the compensation packages for its new CEO, John Ternus, and executive chairman, Tim Cook. Ternus will receive a $58 million salary package, including performance-based stock awards and time-based shares. The performance shares are contingent on Apple's total shareholder return compared to other S&P 500 companies, while the time-based shares vest 12.5% every six months over a four-year period. In 2026, Ternus will receive prorated stock awards with a target value of $2.5 million.\n\nCook's compensation package for fiscal 2027 has a target value of $47 million. For fiscal 2025, Cook's total pay package as CEO was $74,294,811, which included non-equity incentive plan compensation, retirement plans, vacation days, personal security expenses, and other factors. Cook's salary and stock awards amounted to approximately $60.5 million for 2025.\n\nThe specific details of Ternus's previous salary in his role as senior vice president of hardware engineering remain undisclosed.",
  "summary": "In a new regulatory filing today, Apple revealed that new CEO John Ternus is receiving a pay package with $58 million in salary and target stock awards. The company also shared details on Tim Cook’s lucrative new deal as Apple’s executive chairman. more…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "9to5Mac",
        "title": "John Ternus’s first day as Apple CEO: Here’s the latest",
        "url": "https://urgent.news/2026/09/01/john-ternuss-first-day-as-apple-ceo-heres-the-latest",
        "published": "2026-09-01T17:18:06.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}