Apple makes new CEO Tim Cook a very rich man

Besides paying him $58 million last year in salary, Apple’s board has backed Tim Cook as their new CEO,offering him one million stock options to say through 2021.

Talk about job security.

The stock is worth nearly $400 million at current prices. Apple promises to pay him 500K shares in 2016 and another 500K in 2021, so long as he stays employed at the company.

 

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