Apple Could Pay Tim Cook More Than John Ternus in 2027, Report Says
Apple is navigating a leadership transition as John Ternus takes over CEO duties from Tim Cook, who remains as Executive Chairman. Financial reports suggest that due to complex stock-based compensation structures, Cook could potentially earn more than Ternus in 2027.
Why it matters
Understanding executive compensation and succession planning at major tech firms provides insight into corporate governance and the future direction of the world's second-largest company.
Bloomberg’s Apple scoop machine, Mark Gurman, is not a very spicy writer, and that’s undoubtedly part of his secret recipe for prying news nuggets out of the world’s second largest company. In his latest column , however, he asks a rather pointed question about the ongoing CEO transition at Apple, which sees John Ternus taking over for ex-CEO Tim Cook:
“What is the eventual off-ramp for Cook, and when will Apple fully become Ternus’ company?”
For most people, the answer is Wednesday at approximately 10 a.m. Pacific Time. He is already CEO, but on Wednesday he will take the stage as CEO at a major Apple product-unveiling event, and is expected to trumpet the arrival of the long-awaited folding iPhone, a product whose development he reportedly oversaw personally . That should probably do the trick for most Apple fans.
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