Tim Cook got a $100M present for his five-year anniversary at Apple
Five years ago today, Steve Jobs stepped down as CEO of Apple.
The world watched as the beginning of the Tim Cook era took off, and what an era that's been.
SEE ALSO: Apple's stores are no longer called 'Apple Store'
Over the past five years, consumers have witnessed the launch of the Apple Watch, iPadPro and, not to mention, five new generations of iPhones (and iPads).
And though there are so many milestones and accomplishments to celebrate from the past five years, it looks like CEO Cook might have just been given the biggest gift to celebrate of all.
His five-year milestone comes with a pretty little incentive package attached – a package in the form of over $106M
According to MacRumors:
Cook's bonus includes 700,000 tenure-based restricted stock units that vested today as part of a larger compensation package of over 4.7 million shares awarded on August 24, 2011, in addition to his first of six annual installments of 280,000 tenure-based restricted stock units that vested today. The combined 980,000 shares are valued at nearly $106.7 million based on AAPL's closing price of $108.85 on Tuesday.
If only we received gifts that nice on our anniversaries!
Way to go, Tim Cook – we can't say it isn't (more than) well deserved.
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