Friday March 12, 2010

Apple's Cook Gets $22 Million Bonus

Apple’s Cook got a $22 million bonus? Holy hell, I wonder what the janitor got?

Apple Inc. awarded Chief Operating Officer Timothy Cook a cash and stock bonus worth about $22 million for his performance while filling in during Chief Executive Steve Jobs's medical leave. The bonus of $5 million in cash and 75,000 restricted stock units was approved unanimously Friday by the consumer electronics giant's board, on a recommendation by Mr. Jobs.

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