Apple Required Executives to Hold Triple Their Salary in Stock

Apple Inc. in February reversed its stance on a corporate-governance measure related to executive compensation, implementing a new rule that executive officers must hold triple their base salary in company stock.

The move, which hasn’t previously been reported, came even though a month earlier Apple’s board had urged shareholders to oppose a very similar corporate-governance measure proposed by a shareholder.

Read the rest of this post on the original site »


Must-Reads from other Web sites

Ellen Ullman

Big Data Is Watching You

Mat Honan

Welcome to Google Island

Nicole Perlroth

Hunting for Syrian Hackers’ Chain of Command

JoAnne McNeil

o<

Jack Marshall

Pitchfork Opts Out of the Pageview Rat Race

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Web Sites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other Web sites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Voices is edited by Beth Callaghan.