Re: [iPad] Apple Changed Tim Cook's Pay Package And He Could Lose Out On Millions If Company's Stock Doesn't Perform Well (AAPL) - SFGate

 

But ain't those stocks given as stock option.
Else, how would one get selected as a senior officer or a board member and join.
It would appear to be buying a job.

Best
PKS 

On 24 Jun 2013, at 22:37, Jim Saklad <jimdoc@icloud.com> wrote:

 

> I recently read that Apple policy requires their CEO (Cook) to hold ten times his annual salary in company stock, senior officers five times & board members three times. There is an incentive!

Well, with a $1 annual salary, that wasn't hard for Jobs....

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