Home / EntertainmentEntertainmentThe Hollywood ReporterEntertainmentThe Hollywood Reporter·Sep 1, 2026·1 min readApple’s New CEO Scores $58 Million Annual Pay Package as Tim Cook Officially Steps AsideCook will receive $47 million as Apple's executive chairman, though John Ternus will be the running the show from here.View original source — The Hollywood Reporter ↗ShareCopy linkShare on XShare on FacebookRelated storiesBusinessBloombergBusinessSep 1, 2026 · 1 minApple Sets Pay Targets at $58 Million for Ternus, $47 Million for CookBloombergPoliticsThe HillPoliticsSep 1, 2026 · 1 minTim Cook hands over reins of Apple, keeps political cloutThe HillTechnologyThe VergeTechnologySep 1, 2026 · 1 minTim Cook did alright by the environment — but AI could upend his climate legacyThe VergeTechnologyTechCrunchTechnologySep 1, 2026 · 1 minJohn Ternus hypes ‘huge launch next week’ in first memo as Apple CEOTechCrunch
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