Apple Unveils Pay Package For New CEO John Ternus | HappeningNow.news

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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.

Source AI Summary Published September 1, 2026 Brief Under 1 min brief
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Apple announced a $58 million compensation package for its newly appointed CEO John Ternus, who succeeded Tim Cook. The package includes a $3 million annual salary and equity awards valued at $55 million. The equity awards are slated for distribution in Apple’s fiscal 2027, which begins in October.

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