Tim Cook handed $47m package for new role as executive chair of Apple

Pay and shares deal nearly matches $58m award to John Ternus, his successor as CEO at the $4.7tn tech company Business live – latest updates Tim Cook has received a $47m (£35m) pay deal as Apple’s executive chair, a remuneration package that nears the level set for his successor as chief executive. Cook, who handed o

Package signals big role for former CEO as his successor John Ternus gets $58mn