During his company’s quarterly earnings conference call, Apple Chief Executive Tim Cook revealed that the company faced supply constraints with the new iPad.
The stock grant, which was unveiled in a January proxy filing, had restrictions that keep Cook from collecting the first half of the shares until 2016, with the other half in 2021.
Nonetheless, Apple’s stock price at the time they were valued puts Cook at the top of the heap.
Behind Cook was:Oracle Chief Executive Officer Larry Ellison, who picked up $76 million in compensation, most of which were stock options.
CBS Corporation’s chief executive Leslie Moonves, who picked up $69.3 million, $30 million of which was part of a bonus.
Under the leadership of Ron Johnson, the former Senior Vice President of Retail Operations, the Apple Stores have been responsible for ” the boring computer sales floor into a sleek playroom filled with gadgets”.
Motorola Mobility chief executive Sanjay Jha, who pulled in $46.6 worth of compensation, most of which were stock options.
The results follow a feature piece on executive compensation by the New York Times last month, which referred to the Apple exec as “the $378 million man.”.
Rupert Dresser is a business journalist based in Adelaide, Australia. Rupert has a passion for financial markets and breaking news stories and loves writing about business news, stock market, and economic opinions that matters most to its audience. Rupert spends a lot of time discovering and researching latest financial markets and industry news stories in order to make sure the latest and greatest stories are brought to you first on BigBoardNews.com.