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Wire · operational-macro

Tim Cook Steps Down as Apple CEO, to Receive 64.5 Billion Won Compensation as ...

2 September 2026 · By · Wire by Fusion42

Published

2 September 2026

Topic

operational-macro

◆ Sectors

Enterprise

◆ Geography

United States

◆ Source

Read at asiae.co.kr →

◆ Verified

Fusion42 · 2 September 2026 · Fusion42 review

Tim Cook has stepped down as Apple's CEO and been appointed Chairman of the Board with a compensation package of approximately 64.5 billion won, reflecting a significant but smaller pay than as CEO. The move signals that Cook will take on a substantial managerial role beyond typical board membership alongside the newly appointed CEO John Turnus.

This Wire brief sits within Fusion42's coverage of Enterprise.

◆ ◆ The Wire takeaway

Your leadership benchmark just updated: Apple's top executive pay reshuffle sets fresh standards for post-CEO roles. Adjust your compensation planning and board engagement strategies to match new high-water marks in tech governance.

◆ Coverage

1 source · 2 Sep 2026

◆ Related on Wire

◆ Topics

Enterpriseexecutive-transitioncorporate-governancecompensationappleleadership-change