Apple ties most of Ternus’s future award to shareholder returns
Apple will tie 75% of new chief executive John Ternus’s annual equity target to shareholder returns relative to the S&P 500, according to Fortune. A reported $55 million award begins in fiscal 2027 rather than immediately. The feed does not detail the performance period, vesting schedule or treatment if Apple underperforms the benchmark.
Why it matters
The structure aligns most of the new chief executive’s long-term award with Apple’s relative market performance.
Sources
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Part of the September 2, 2026 brief.