Files under General | Mar
13th
Tim Cook, the Apple’s Chief Operating Officer, will receive a one-time bonus of $5 million and 75,000 in restricted shares for running the company during Steve Jobs’ medical leave last year.
A regulatory filing submitted by the company on Friday says that he stock units will be vested on March 10, 2011 and March 10, 2012 in equal amounts, pending Cook’s continued employment with Apple.
As I explained in my TABLETMANIA blog, he is “the next Steve Jobs.”
More about Tim Cook here.
A very good one for sure.
(Illustration by Luis Grañena/lainformacion.com)
