Tim Cook is poised to earn a $2 million salary and stock awards with a target value of $45 million in his first year as Apple's executive chairman.
By
Theron Mohamed
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Tim Cook is Apple's executive chair and former CEO.
Pay and shares deal nearly matches $58m award to John Ternus, his successor as CEO at the $4.7tn tech company
Cook will receive $47 million as Apple's executive chairman, though John Ternus will be the running the show from here.
Package signals big role for former chief executive as his successor John Ternus gets $58m
For fiscal 2027, Ternus will receive a compensation package worth about $58 million and Cook's compensation as executive chairman…
The Apple chief executive steps down after 15 years, during which its shares have risen more than 2000 per cent and returned more…
Cook spent years navigating Trump, tariffs, and China. Now Apple is keeping that expertise in-house after he stepped down as CEO.
