Sunday, May 27, 2012

Apple CEO Spend Money USD 75 million




Apple CEO Tim Cook (Ist.)

 Apple CEO Tim Cook made ​​a surprising decision. How not? He missed a chance to get a dividend payment of USD 75 million.

Reported by Computerworld, Cook which is a successor to Steve Jobs, should get a ration known as the dividend equivalent shares in Apple.

The dividend amount given is about $ 2.65 per share for the quarter or $ 10.60 per share for the year.


"At the request of Mr. Cook, none of the restricted stock units (RSU) which will be submitted for his dividend equivalent," said U.S. Securities and Exchange Commission (SEC). Unfortunately, the statement did not mention the reason Cook SCE.

Assuming a quarterly dividend of USD 2.65 per share and restricted stock units owned by Cook in large quantities, then the boss as a cool Apple is expected to be able to get USD 75 million.

Of course this is not a little money. However, given the wealth it has, of course this is actually not a big problem for Cook.

Moreover, Cook had previously been appointed to the CEO with the highest salaries. Research firm Equilar study results are reported by the New York Times said, Cook pocketed about $ 378 million, which includes salary, allowances, bonuses valued at $ 1.8 million as well quota shares.

After Cook, the list of 'most expensive CEO' is also perched name Larry Ellison of Oracle in second for a fee of USD 77.6 million.

Although recently served as CEO of Apple, Tim Cook could steal the show. Earlier, in a different survey of CEO is apparently favored employees. Apple as much as 97% of employees agree with the way the leadership of Cook.

For business this one, Cook even beat an assessment of the late Steve Jobs, who last year approved 95% of employees.

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