In Pictures: 11 fun facts about Apple
To celebrate Wednesday’s shareholder meeting, we’ve ventured deep into the jungle primeval of Apple’s proxy statements to bring you eleven bits of trivia about the company’s operations. Read on to discover just how gigantic Apple is, whose notable name is missing from the roster of the company’s officers, and the surprising truth about executive compensation.
Directors and executives own little stock
According to the proxy circular, all the directors and executives together own only about 600,000 shares of Apple’s common stock.
Of course, that’s before counting restricted stock awards that haven’t vested yet—like Tim Cook’s million-share bonus, designed to keep him in office until 2021.
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