Apple’s Retention Plan Includes Big Bonuses to Top Execs

A number of top executives at Apple have been granted shares that will be worth millions as long as they stick around until the end of 2016, according to CNET, which dug up the information in a bunch of SEC filings. Most of the senior execs will receive 150,000 shares — worth $60 million, based on the company’s recent stock price. In August, Tim Cook, who was promoted to CEO from chief operating officer, received a million Apple shares, which will vest in two five-year increments.