Printed from http://www.electronista.com

Bob Iger to pull in over $50,000 annually from Apple board

updated 04:55 pm EST, Wed November 16, 2011

Stocks, other perks not included

The newest Apple board member, Robert Iger, will reap at least $50,000 a year from his added work, an Apple SEC filing reveals. Iger is slated to get a "standard $50,000 annual retainer" for his position, paid in quarterly installments. He is also however being granted 142 Apple shares, which vest in February. At current prices, the shares are together worth almost $55,000.

Another perk will be free, at-will access to "one of each new product" made by Apple, a provision of the company's Board of Directors Equipment Program. Even Iger's retainer, however, will be paltry sum compared to his non-Apple income. His main job is as the president and CEO of Disney, where in 2010 he earned $28 million after bonuses, equity awards and a $2.8 million annual salary.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

  1. bjojade

    Fresh-Faced Recruit

    Joined: Jun 2007

    +1

    One of each new product?

    What a deal. Wonder if that is one of each model, or only one of each line. i.e., does he get a 128gb and a 256GB MacBook Air? :)

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Life n Soul 8 Driver Bluetooth headphones

When it comes to music on the go, consumers generally have some options to consider when looking for the best experience. While Blueto ...

Tesoro Tizona G2N Elite gaming keyboard

The market for gaming keyboards is getting crowded, starting off with some fairly simple keyboards and diverging into the land of modu ...

GX Gaming DeathTaker mouse

Gaming is a serious endeavor for many people, driving them to look for the best performance in their system and interface devices. Fro ...

Sponsor

toggle

Most Commented

 
toggle

Popular News