🍎 EXECUTIVE SHAKEUP: Apple Sets New CEO John Ternus' Pay Package at $58 Million for 2027!
As Apple steps into a brand-new leadership era, regulatory filings reveal the compensation structure for incoming CEO John Ternus. For fiscal 2027, Ternus is slated to receive a total target compensation package of $58 million.
Here is how Apple's new chief executive's package breaks down:
🔹 Base Salary: Ternus will receive an annual base salary of $3 million.
🔹 Target Equity Award: The package includes a massive $55 million annual equity award.
🔹 Performance vs. Time-Based Vesting: 75% of the stock award consists of performance-based restricted stock units (RSUs) tied to Apple’s total shareholder return relative to the S&P 500, while the remaining 25% is time-based.
Meanwhile, former CEO Tim Cook transitions to Executive Chairman with a $47 million total target package ($2M salary, $45 million equity). All eyes are on John Ternus as he steers Apple into its next chapter of tech innovation! 📱💼
#Apple #AAPL #JohnTernus #TechNews #WallStreet #BinanceSquare #Business$AAPLB $USDC
#dyor
As Apple steps into a brand-new leadership era, regulatory filings reveal the compensation structure for incoming CEO John Ternus. For fiscal 2027, Ternus is slated to receive a total target compensation package of $58 million.
Here is how Apple's new chief executive's package breaks down:
🔹 Base Salary: Ternus will receive an annual base salary of $3 million.
🔹 Target Equity Award: The package includes a massive $55 million annual equity award.
🔹 Performance vs. Time-Based Vesting: 75% of the stock award consists of performance-based restricted stock units (RSUs) tied to Apple’s total shareholder return relative to the S&P 500, while the remaining 25% is time-based.
Meanwhile, former CEO Tim Cook transitions to Executive Chairman with a $47 million total target package ($2M salary, $45 million equity). All eyes are on John Ternus as he steers Apple into its next chapter of tech innovation! 📱💼
#Apple #AAPL #JohnTernus #TechNews #WallStreet #BinanceSquare #Business$AAPLB $USDC
#dyor
