Apple CEO gives up $75 million in dividend income
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Apple CEO gives up $75 million in dividend income

New York City : NY : USA | May 24, 2012 at 3:51 PM PDT
Source: International Business Times
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Apple Inc Chief Executive Tim Cook will not be earning dividend income on the more than 1 million shares to which he is entitled, which will cost him about $75 million...Securities and Exchange Commission on Thursday that Cook had asked to be excluded from a recently instituted company program through... FULL ARTICLE AT International Business Times
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    Harry Dalton Apple chief Tim Cook will forgo the dividend on shares he received for running the company during Steve Jobs' medical leaves. Photograph: Paul Sakuma/AP Apple chief executive Tim Cook has opted to forgo the $75m (£48m) dividend payments...

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