Tim Cook is stepping back — here’s what his $47 million deal tells us about Apple’s plan
- Posted on September 3, 2026
- By Financial Express
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- 1 min read
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Tim Cook is stepping back — here’s what his $47 million deal tells us about Apple’s plan
Tim Cook steps down as Apple CEO but remains executive chair with a $47 million pay package, highlighting his ongoing strategic role as John Ternus takes the helm. Cook’s legacy includes expanding Apple into a tech giant worth over $4 trillion.