Apple CEO Tim Cook Has a $96 Million Payday Coming Soon

Of all the Silicon Valley executives who have a vesting event this quarter, Apple CEO Tim Cook will have the biggest payday, according to a new Equilar study.

Mr. Cook has portions of two restricted-stock-unit grants-including one he received for filling in for Steve Jobs when the co-founder was on medical leave-vesting in the first quarter. As of Apple's closing stock price on Dec 30, those vesting shares of Mr. Cook's were worth $96.2 million, according to the study.

The WSJ reports that second on the list is Google's Eric Schmidt with a vesting worth $16.4 million, and third is eBay CEO John Donahoe with a vesting worth $10.5.


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