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