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Exchange at the very top Applu is completed and with it we now learn another interesting detail. Apple In documents submitted to the US Securities and Exchange Commission (SEC), it revealed how it will reward its new CEO John Ternus. And it will probably come as no surprise to anyone that it will definitely not be a small amount of money. His target compensation for fiscal year 2027 was set at $58 million, or roughly 1,2 billion crowns.

The salary itself is only a small part of this amount. As the new CEO, Ternus will receive a base annual salary of $3 million. Much more interesting is the remaining $55 million, which is represented by the target value of the stock award.

Apple This continues the system that he has also used for many years at Timo Cooka. The idea is simple – a significant portion of top management's compensation should be directly linked to how the company is doing and what value it creates for its shareholders.

Tens of millions dependent on results Applu

A quarter of Ternus' equity award will be time-bound and will be gradually released in semi-annual intervals over four years. The remaining three quarters will be linked to the so-called total shareholder return. Applu compared to other companies included in the S&P 500 index.

The amount of $58 million is therefore not simply the amount that Apple He will send Ternus to his account at the end of the year. This is target compensation and the actual value of his reward may change depending on the development of the shares and other conditions. In addition, performance bonuses are not included in the amount mentioned.

For fiscal year 2026, he received Veliternian also a proportional stock award with a target value of $2,5 million. His previous compensation as Senior Vice President of Hardware Engineering Apple He did not publicly disclose it, so this is also the first detailed look at how much the long-time head of hardware development will earn in his new role.

Tim Cook remains very well paid

It is also interesting to compare with Tim Cookem, who handed over the CEO position, but Apple He did not leave and became the company's executive chairman. His target compensation for fiscal 2027 is $47 million.

CookHis base salary will be $2 million and an additional $45 million in bonuses.ipadá on the target value of the stock award. This time, half of the shares will be time-bound and will be released over four years, while the other half will depend on the performance of the shares Appyou.

Interestingly, it has Apple treated and case CookIf he retires at the earliest one year after the share bonus is granted, he will remain entitled to it, but he will only receive the shares themselves on the originally set dates.

To give you an idea, during 2025 you Cook It came to a total of $74,3 million. Of that, $3 million was base salary, $12 million in performance-based cash bonuses, and approximately $57,5 million in stock awards.

Ternus is thus taking over one of the most watched management positions in the technology world, Apple but at the same time, he set up a system in which a significant part of his potential earnings is linked to the success of the company itself. And given that he is now taking over Apple In a period of significant personnel changes and at the same time facing the task of determining its direction for the coming years, he will have the opportunity to influence the value of his multi-million-dollar reward more than practically anyone else.

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