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Apple sets new CEO John Ternus $3M salary; $55M stock award

Apple plans to pay CEO John Ternus an annual $3 million salary plus a targeted annual stock award of $55 million for fiscal 2027. Ternus’s salary increased effective Tuesday.

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09:35:37 PM UTC
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Apple to Give New CEO Ternus $3 Million Salary

By Kelly CloonanApple plans to pay its new Chief Executive John Ternus an annual salary of $3 million, plus a targeted annual stock award of $55 million for fiscal 2027.Apple increased Ternus's annual salary effective Tuesday, the day he officially took the helm of the iPhone maker, according to a…