Tim Cook handed $47m package for new role as executive chair of Apple

Source: www.theguardian.com · Section: business-tech · Bias: Center · Published: Wed, 02 Sep 2026 14:46:36 GMT

Pay and shares deal nearly matches $58m award to John Ternus, his successor as CEO at the $4.7tn tech companyTim Cook has received a $47m (£35m) pay deal as Apple’s executive chair, a remuneration package that nears the level set for his successor as chief executive.Cook, who handed over to John Ternus on Tuesday, will be paid a base salary of $2m and $45m worth of shares. Half of the share award will be based on performance targets being met, while the remaining half will be paid out over four years. Continue reading...

Read the full article at www.theguardian.com →

The same story across the political spectrum (15 sources)

Left: Uber drivers launch European class action over ‘soulless’ and ‘scary’ AI algorithm — www.theguardian.com
Center: New Apple CEO John Ternus takes over from Tim Cook, ending 15-year tenure — thehill.com
Center: Thanks to Lake Ontario, MapQuest is popular all over again — www.washingtonpost.com
Center: After Trump renamed Lake Ontario, Americans aren't buying his Canada fight — www.axios.com
Center-Right: U.S. strikes Iran tankers under new "tanker for tanker" policy — www.axios.com
Right: Apple Maps changes Lake Ontario name after Trump request — thehill.com
Right: Pentagon turmoil deepens as Hegseth consolidates control — www.axios.com
Right: Immodest proposal in the Jerusalem Post: Deploy debt-strapped Americans to fight in Iran — www.theblaze.com
Right: Democrats scramble to punish their own for siding with Republicans on minor vote — www.theblaze.com

← Back to FlashTopics.com