Entertainment · 1 views
Apple Unveils Pay Package For New CEO John Ternus
Apple set a pay package worth $58 million for new CEO John Ternus, who formally took the reins from longtime chief executive Tim Cook today.
AI Summary
Apple announced a $58 million compensation package for its newly appointed chief executive John Ternus, who succeeded Tim Cook. The package comprises a $3 million annual salary and equity awards valued at $55 million. The equity component is slated for distribution in Apple’s fiscal 2027, which begins in October. This marks the formal transition of leadership at the technology company.
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