Iger sees six-figure payday for joining Apple's board
Disney President and CEO Robert Iger will be pulling in just over six figures after joining Apple's board, when you consider both his annual retainer and his initial grant of restricted stock units.
In an SEC filing today, Apple noted that Iger--who joined Apple's board of directors yesterday--will get "the standard $50,000 annual retainer" which is to be paid out in quarterly installments.
Additionally, Iger gets an initial grant of 142 restricted stock units, as part of the company's Director Plan, worth about $55,000 based on Apple's current trading price. According … Read more