Apple Discloses Compensation Packages for New CEO John Ternus and Executive Chairman Tim Cook
Apple has disclosed that its new CEO, John Ternus, will receive a compensation package valued at approximately $58 million in fiscal 2027. Meanwhile, outgoing CEO Tim Cook's role as executive chairman is expected to pay around $47 million for the same period. The information was revealed through a filing with regulatory authorities. The announcement provides insight into Apple’s leadership transition and compensation strategy following Ternus' appointment. While both figures are substantial, they reflect differing roles within the company: Cook will continue in an advisory capacity as executive chairman while Ternus takes on full operational responsibilities.
Tickers: $AAPL
Topics: CEO change executive compensation