https://www.live-feeds.com/feed/apple-unveils-pay-package-for-new-ceo-john-ternusContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/apple-unveils-pay-package-for-new-ceo-john-ternushttps://www.live-feeds.com/feed/apple-unveils-pay-package-for-new-ceo-john-ternus#u57031Fri, 04 Sep 2026 15:01:54 +0000John Ternus officially assumed the role of Apple CEO on September 1, 2026, succeeding Tim Cook. The company established a pay package for Ternus valued at $58 million, or KSh 7.5 billion. Tim Cook has transitioned into the role of executive chairman. Ternus takes over following a period where Cook provided shareholders with a 2,150% return over 15 years. Market reaction was positive, with shares increasing 2.6% following the leadership change. The new CEO has signaled a major launch for the coming week.Why it mattersThis leadership transition marks the end of Tim Cook's tenure as CEO. The https://www.live-feeds.com/feed/apple-unveils-pay-package-for-new-ceo-john-ternushttps://www.live-feeds.com/feed/apple-unveils-pay-package-for-new-ceo-john-ternus#u55185Thu, 03 Sep 2026 05:23:09 +0000Apple's new CEO John Ternus has been unveiled with a pay package worth $58 million. Ternus took over as CEO after Tim Cook, who delivered a 2,150% return for Apple shareholders over 15 years. Ternus has teased a 'huge launch next week' and an upcoming iPhone launch on September 9. The company's shares rose 2.6% after Ternus took over as CEO.Why it mattersThe transition of leadership at Apple is being closely watched as the company continues to evolve in the tech industry. Ternus has been with Apple for over 20 years and previously served as the company's senior vice pr