Apple reveals new CEO John Ternus' salary

Apple has revealed that new CEO John Ternus' annual base salary will be $3 million (around ₹28.5 crore). Ternus also received prorated restricted stock award worth $2.5 million (around ₹23.75 crore) for fiscal 2026. Apple has approved $55-million (over ₹522-crore) target equity award for him in fiscal 2027, with 75% tied to performance and 25% comprising time-based restricted stock units.