
#Ternus55MPayPackage
About Ternus55MPayPackage
Apple's CEO handoff now comes with numbers. Tim Cook became executive chair, while John Ternus took over as CEO on Sep 1. An SEC filing puts Ternus's salary at $3M, plus a target $55M FY2027 equity award. Performance-based RSUs make up 75%, tied to Apple's shareholder returns versus S&P 500 firms. The hardware engineering veteran takes over as Apple accelerates AI, chips and new devices. Can he deliver a clearer roadmap across AI, hardware and supply chains while supporting AAPL's valuation?
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