General · 6 hours ago
Apple's new CEO gets £58 million pay package

John Ternus officially became Apple's CEO on Tuesday, receiving a £3 million salary and £55 million in annual equity awards. He also gets a one-off £2.5 million RSU grant, with 75% of his equity vesting based on Apple's performance. Former CEO Tim Cook will now be executive chair, earning a £2 million salary and a £45 million equity award.
Reported by hollywoodreporter.com · How we write briefs
