{
  "id": 5226366,
  "title": "New CEO gets $58 million, on one condition Apple must meet",
  "url": "https://urgent.news/2026/09/02/new-ceo-gets-58-million-on-one-condition-apple-must-meet",
  "topic": "culture",
  "section": "Culture",
  "published": "2026-09-02T17:36:29.000Z",
  "source": {
    "name": "Times of India",
    "slug": "times-of-india",
    "url": "https://timesofindia.indiatimes.com/technology/tech-news/apples-new-ceo-john-ternus-gets-a-58-million-pay-package-and-theres-a-condition-that-iphone-maker-has-to/articleshow/133717073.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "Apple will pay new chief executive John Ternus a $3 million salary and a stock award targeted at $55 million for fiscal 2027, an SEC filing showed. Three-quarters of that equity vests only if Apple's shareholder return beats the S&P 500. Tim Cook, now executive chairman, gets about $47 million. Ternus took charge on Tuesday, nine days before Apple's September 9 iPhone event.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}