Steve Jobs Took a $1 Salary; Apple's New CEO John Ternus Could Make $58M in His First Full Year

John Ternus’ Apple package targets $58M, but $55M comes as equity, with 75% tied to performance rather than guaranteed cash. (Credit: Photo: apple.com)

Steve Jobs famously ran Apple on a salary of just $1 a year. Nearly three decades later, the company's newest CEO is taking the reins with a compensation package targeting tens of millions of dollars. Apple's 1 September SEC filing shows John Ternus has a $58M target compensation package for fiscal 2027, with the equity tied to time and performance.

From Jobs' $1 Salary to Ternus' $58M Package