Leadership & Pay ·
Apple sets Cook's salary at $2M and grants Ternus a $55M equity award for fiscal 2027
AAPLApple Inc.
Apple Inc. filed an amendment to disclose the compensation arrangements for John Ternus and Tim Cook effective September 1, 2026. Ternus receives a $3 million annual salary, a prorated RSU award valued at $2.5 million, and a new fiscal 2027 equity grant with a target value of $55 million, split between performance-based and time-based awards. Cook’s salary is set at $2 million starting September 26, 2026, alongside a $45 million fiscal 2027 equity award comprising equal portions of performance-based and time-based RSUs. Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories.