Apple has revealed that new CEO John Ternus will receive a $58 million target compensation package, including a $3 million annual salary and $55 million in stock awards. Most of the equity is performance-based and tied to Apple’s shareholder returns.
Former CEO Tim Cook, now Apple’s executive chairman, will receive a $47 million target package for fiscal 2027, including a $2 million salary and $45 million in stock awards.
Cook’s unusually large compensation reflects his continued importance to Apple, particularly as he focuses on the company’s relationships with the Trump administration and the Chinese government. His total compensation as CEO in 2025 was about $74.3 million.
Source: 9to5Mac
