Apple's new manager salary reaches 58M

Jon Ternus officially assumed the position of CEO of Apple in September 2026, with his annual salary rising to $58 million. This includes a base salary of $3 million and $55 million in stock bonuses. This comes after Tim Cook took on the role of CEO in 2011, during which his salary was lower; he started with a salary of $900,000 before increasing it to $1.4 million, despite holding stock worth billions of dollars. This marks the first leadership change at the company since the death of Steve Jobs in 2000, with salary structures varying between previous and new executives.