Source:Valleywag
Ron Johnson, Apple’s senior VP of retail, exercised options for 700,000 shares of AAPL at a strike price of $23.72 yesterday. He sold later in the day at around $185. That’s a net of over $112 million. Not a bad payday, but he certainly earned it. Johnson has led Apple’s retail strategy from day one — and the former Gap executive is arguably more responsible for Apple’s retail success than Steve Jobs.
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on Wednesday, October 31st, 2007 at 4:00 pm and is filed under apple, Top, steve jobs, Jackpot, Retail, Apple Store, ron johnson.
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