ISSN 2330-717X

Apple New Retail Head To Ceceive $56 Mln Worth Of Shares

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John Browett, the new retail head at Apple, will receive at least $56 million worth of shares awarded over the course of the next five years, according to a report on The Sunday Times.

That’s on top of his annual salary, which isn’t being disclosed, the report says.

Apple hired Browett in January to be its senior vice president of retail, replacing Ron Johnson, who left to become CEO of JCPenney last year.

Browett was Tim Cook’s first executive hire after taking over for Steve Jobs and reports directly to Cook.

PanARMENIAN

PanARMENIAN

PanARMENIAN Network is the first Armenian online news and analytical agency and one of the most cited Armenian informational resources worldwide.

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