Tim Cook steps down as Apple CEO with $47m pay package
Tim Cook gave up the corner office this week, but not much else. Apple's regulatory filing on Tuesday shows Cook will earn a $2 million salary as executive chairman, down from $3 million as CEO, alongside a $45 million equity award for fiscal 2027, putting his total target compensation at roughly $47 million, nearly matching new CEO John Ternus's $58 million package.
Ternus, who officially became CEO on........
