New Delhi, Sept. 2 -- The Apple board has given its new CEO, John Ternus, a massive new compensation package to kickstart his tenure, with the potential for even bigger payouts in the future. Apart from the huge bump in the pay structure, Ternus took over the new role with a compensation package that could put his stock holdings at more than $148 million. Here's a closer look at how much Apple's new CEO could make from his pay and stock awards.

The Apple board has raised Ternus' annual salary to $3 million and granted him restricted stock units worth $2.5 million, prorated for the few weeks he'll serve as CEO before the end of Apple's 2026 fiscal year. And for fiscal year 2027, the board has approved an annual equity award with a target ...