Think Different … Or Not!

On November 9, 2011, in Apple, Opinion, by Owen Rubin

According to Reuters and posted on the Huffington Post, Apple gave six of its top executives around $60 million in company stock bonuses EACH after the company recorded a record revenue of $108.25 billion last fiscal year.

The executives include the chief of software Scott Forstall, CFO Peter Oppenheimer, and marketing lead Phil Schiller, and three others that the article did not name. Each received 150,000 restricted Apple shares that fully vest on 2016, or about $60 Million based on Friday’s closing share price of $400.24, or about $360 Million  going to just 6  people. These are not options that they have to buy, but restricted stock, that becomes fully theirs in 5 years.

Continue reading »

Looking for something?

Use the form below to search the site:

Still not finding what you're looking for? Drop a comment on a post or contact us so we can take care of it!