Tim Cook Got a Very Nice Signing Bonus
Say what you will about Apple's new CEO, Tim Cook (and we certainly have), the man is certainly a financial success. MacRumors just reported on Apple's Form 8-K, which officially notifies the SEC of its leadership change. In the filing, Apple mentioned that Cook got, as a signing bonus, a cool 1,000,000 in restricted Apple shares. With Apple's stock at $383 right now, that makes for a handsome payday indeed. As Felix Salmon pointed out via Twitter, "That's a VERY nice signing bonus for someone who surely needed no persuading to take the job."
