Brief by Shorts91 Newsdesk / 07:10pm on 03 Sep 2026,Thursday International
Apple’s new CEO John Ternus is set to receive a compensation package worth about $58 million for fiscal 2027 after succeeding Tim Cook on September 1. The package includes a $3 million annual salary and a targeted $55 million stock award, along with a prorated $2.5 million equity grant for fiscal 2026. A key condition is that 75% of his fiscal 2027 equity award depends on Apple’s shareholder returns outperforming the S&P 500. The performance-linked structure places significant emphasis on delivering results. Meanwhile, Tim Cook remains Apple’s executive chairman with a separate compensation package.
