Apple welcomes aboard Disney CEO with shares
As reported earlier, Disney CEO, Robert Iger has joined the board of directors of Apple.
In Multi-national corporations, the culture giving gifts to a new member is not new but one could never expect a big and expensive gift.
As a gift from Apple, Iger has received shares whose worth is more than an estimated US $84,000. Apple has gifted Iger, 75 shares of common stock and 142 unrestricted shares.
Although Iger has joined Apple’s board for the first time, he has a long history with Apple co-founder, Steve Jobs. Years ago, Iger had made Jobs a billionaire and Disney’s largest shareholder, leading the animation studio’s 2006 acquisition of Pixar.
Source: Cult Of Mac