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Tim Cook Gets $47 Million to Stick Around as Apple Chair: His New Pay Check Nearly Matches New CEO John Ternus’ Package
Benzinga23d agoneutral
Tim Cook Gets $47 Million to Stick Around as Apple Chair: His New Pay Check Nearly Matches New CEO John Ternus’ Package

Tim Cook may have handed Apple Inc.’s (NASDAQ:AAPL) CEO reins to John Ternus, but his new $47 million compensation package signals the longtime chief executive is expected to remain deeply involved in the company as executive chairman. Tim Cook’s $47 Million Apple Pay Package On Tuesday, Apple disclosed the new compensation arrangements in a filing with the U.S. Securities and Exchange Commission as Ternus officially took over as CEO on Sept. 1. Cook will receive a $2 million annual salary and a

John Ternus takes over as Apple enters era of AI, foldable phones
AFP24d agoneutral
John Ternus takes over as Apple enters era of AI, foldable phones

John Ternus took over as Apple's chief executive on Tuesday, inheriting a company that towers over the smartphone market but trails its rivals in artificial intelligence.He becomes executive chairman of Apple's board, with a mandate the company has said includes engaging policymakers around the world.