2 articles from The Guardian World, The Hollywood Reporter.
Tim Cook received a $47 million compensation package upon transitioning to the role of executive chair at Apple, while his successor John Ternus was awarded a $58 million annual pay package as the company's new CEO. Cook's remuneration package nearly matches the level set for Ternus, with both executives receiving substantial compensation as part of the leadership transition at the $4.7 trillion tech company.
AI-generated summary of 2 source articles. Not original reporting — every claim links to its source below.
Pay and shares deal nearly matches $58m award to John Ternus, his successor as CEO at the $4.7tn tech company Business live – latest updates Tim Cook has received a $47m (£35m) pay deal as Apple’s executive chair, a remuneration package that nears the level set for his successor…
Cook will receive $47 million as Apple's executive chairman, though John Ternus will be the running the show from here.
