Apple disclosed compensation packages for its new leadership team in a recent regulatory filing.
John Ternus, who became Chief Executive Officer on September 1, will receive a $3 million annual salary. His total compensation for fiscal year 2027 is targeted at approximately $58 million. This package includes an annual equity award with a target value of $55 million.
Executive Chairman Tim Cook will receive an annual salary of $2 million. His fiscal 2027 equity award is targeted at $45 million. Cook’s total expected compensation for the period is approximately $47 million.
The compensation structures prioritize performance-based and time-based stock awards to drive long-term executive retention.