Apple sets $58 million pay target for new CEO John Ternus, $47 Million for Cook as Executive Chairman

Apple’s CEO John Ternus (left) and Executive Chairman Tim Cook at Apple Park in Cupertino, California in April 2026.
Apple has disclosed compensation targets for its new leadership team, according to Bloomberg News’ Mark Gurman, after an SEC filing on John Ternus’s first day as chief executive.
Apple said new CEO John Ternus will have a fiscal 2027 compensation package worth about $58 million, while Tim Cook’s package as executive chairman is targeted at about $47 million