News: Apple COO Tim Cook Receives $5M Plus Stock Options For Serving as Temporary CEO
March 15th, 2010 admin
Tim Cook, Apple’s COO and temporary CEO for six months while Steve Jobs received a liver transplant, was awarded US$5 million and 75,000 share options last week. The total would be $22 million at Apple’s current stock price, noted The Register.
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Apple today filed a Form 8-K submission with the U.S. Securities and Exchange Commission disclosing a bonus of $5 million and 75,000 shares of Apple stock paid to Chief Operating Officer Tim Cook in recog…
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Apple said Friday that Chief Operating Office Tim Cook was awarded nearly 22 million in stock- and cash-based compensation for his performance running the company during Steve Jobs’ absence last year.
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