John Ternus only officially took over as CEO on Monday Apple, but we already know how the company will reward him for leading one of the world's largest technology giants. Apple In documents submitted to the US Securities and Exchange Commission, he revealed his new compensation package, the target value of which for fiscal year 2027 reaches $58 million, or roughly 1,2 billion crowns.
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But if you expect Ternus to receive millions of dollars in his account every month, it is of course not that simple. His classic annual salary is "only" 3 million dollars, or approximately 63 million crowns. The remaining 55 million dollars is the target value of the stock reward. Interestingly, only a quarter of the stock reward is time-related and Ternus will gradually release it over four years. The remaining 75% depends on the performance of the shares Apple compared to other companies in the S&P 500 index.
The final amount that the new CEO will actually receive may therefore differ significantly from the $58 million. Furthermore, the disclosed target compensation does not include any performance bonuses. For the part of fiscal year 2026 that he will already spend as CEO, Ternus also received a proportional stock bonus with a target value of $2,5 million.
The comparison with Tim is also interesting. Cookem, who has finished as CEO, but as the new executive chairman of the board of directors, he will definitely not work for free. Apple mu pro fiskální rok 2027 stanovil cílovou kompenzaci na 47 milionů dolarů. Z toho 2 miliony tvoří plat a dalších 45 milionů akciová odměna. Pro idea, Cook He earned a total of $74,3 million in 2025. His base salary was $3 million, just like he does now at Ternus, with another $12 million in performance bonuses and $57,5 million in stock options. Unfortunately, Ternus' previous salary as head of hardware engineering Apple we do not have public information. Current documents show for the first time how much Apple will earn.
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The amount of $58 million sounds crazy, of course, but it is also worth adding that Ternus will only actually get most of it if it itself does well. Apple. And given that the company is worth billionsonedollars, it was probably not expected that her new boss would work for a few million crowns a year.
