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Apple’s new CEO gets a $3M salary and a $55M equity target

This story is from 2026-09-02. It is preserved in the archive; the latest stories are on the live feed.

John Ternus will receive a base salary of $3m a year as Apple’s chief executive, roughly 5% of what the company is targeting for his total compensation. The rest is equity, according to a regulatory filing on Tuesday, the same day he took over the role. His fiscal 2026 stock award is prorated to $2…

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  1. 2026-09-02 09:09 · The Next Web
    Apple’s new CEO gets a $3M salary and a $55M equity target

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