Tim Cook scores $47 million pay deal to stay on as Apple's chairman

Tim Cook is Apple's executive chair and former CEO. Kevin Dietsch/Getty Images Tim Cook is poised to earn about $47 million in annual salary and stock awards as Apple's chairman. Cook stepped down as Apple's CEO this week after 15 years in the top job. John Ternus stands to earn $58 million in salary and stock awards in his first year as CEO. Tim Cook is no longer Apple's CEO, but he'll continue to collect a CEO-sized paycheck. This week, Cook handed Apple's reins to John Ternus after 15…