Apple's Tim Cook Scores a Major Payday
Tim Cook recently celebrated his 9th anniversary as Apple (NASDAQ: AAPL) CEO in August, a promotion that earned him a hefty compensation package that primarily consisted of restricted stock units (RSUs). Tranches of that original grant have been vesting over the years as the company achieves certain performance milestones under his leadership.
Apple's board of directors this week granted Cook another package of RSUs, the first since that 2011 award. Cook is worth every penny.
Tim Cook. Image source: Apple.
Source Fool.com
