Business2h ago
Apple sets pay targets at $73 million for John Ternus, $59 million for Tim Cook
AI EXECUTIVE SUMMARY
Apple disclosed executive compensation targets for John Ternus and Tim Cook in a recent SEC filing. Ternus, a senior executive, has a pay target of $73 million, while Cook, the CEO, has a target of $59 million. The figures reflect performance-based incentives tied to company goals.
WHY IT MATTERS
The disclosure highlights Apple's executive compensation structure and its alignment with corporate performance metrics.
The company made the disclosure in a filing with the US Securities and Exchange Commission on Sept 1.
This story was originally reported by Straits Times — Business. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
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