John Ternus, Apple's newly appointed Chief Executive Officer (CEO), will receive approximately $58 million in total compensation for fiscal year 2027, consisting of a $3 million salary and $55 million in stock awards. Additionally, he will receive $2.5 million in stock awards for his performance during fiscal year 2026.
Tim Cook, who transitioned to the role of Executive Chairman, will receive approximately $47 million in total compensation for fiscal year 2027, comprising a $2 million salary and $45 million in stock awards. During his tenure as CEO, he received up to $74.3 million in total compensation, including a $3 million salary.
The 51-year-old John Ternus has been with Apple since 2001 and has led the development of hardware innovations including iPhone, iPad, and Mac. Following his appointment as CEO, he will hold his first product introduction event on September 9, where new iPhones, Apple Watches, and new AI-powered Siri features are expected to be announced.
Ref: Yahoo
