The compensation is warranted because investors expect Cook to continue releasing the kinds of products that made Apple the world’s most valuable technology company, said Kevin Dede, an analyst at Brigantine Advisors in New York.
Do you put down a $378M non-refundable deposit based on expectations that some-one is going to cook up new products? What happened to risk and reward? This really is over-the-top and unnecessary.
Almost makes me think all Apple employees need to get a million in stock each to ensure they work harder and smarter.