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Apple Sets New CEO John Ternus Pay Package Tied to Stock Performance

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Apple announced compensation details for new CEO John Ternus, including a $3 million salary and a $55 million target annual equity award heavily tied to relative shareholder performance.
  • Former CEO Tim Cook will receive $2 million in salary plus equity awards.
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