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WSJ Tech News Briefing · Wednesday, September 2, 2026

Apple CEO John Ternus to Receive $3 Million Salary and $55 Million Stock Award

Apple's new CEO, John Ternus, will receive an annual salary of $3 million along with a targeted stock award of $55 million for fiscal year 2027. This salary adjustment became effective on the day he officially assumed leadership of the company.

personJohn TernuscompanyApple

The tape

2 quotes
Apple plans to give its new CEO John Ternes an annual salary of $3 million, plus a targeted annual stock award of $55 million for fiscal 2027.
Yumani Moize
According to securities filings, the iPhone maker increased Ternes's salary effectively Tuesday, the day he officially took the helm of the company.
Yumani Moize
Heard on WSJ Tech News Briefing — “TNB Tech Minute: OpenAI Restricts Astra Model Citing Cybersecurity Risks, published Wednesday, September 2, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
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