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Bob Iger Received $84K in Shares for Joining Apple Board

Bob Iger Received $84K in Shares for Joining Apple Board

New Apple board member and Disney CEO Bob Iger received 84K in shares upon joining, reports AppleInsider. More specifically, he received 75 shares of common stock and 142 restricted shares that will vest in February 2012.

Iger is no stranger to Apple: he was the CEO of Disney when they bought Pixar for $7.4 billion in stock in 2006, which made Steve Jobs the largest shareholder in Disney at the time. The news of Iger joining the board was announced this week, with Art Levinson becoming the new chairman.

Having read the biography of Steve Jobs, it’s clear that he and Iger saw eye to eye on many things, and that there was a great friendship and respect between them. Iger was amongst the first to pay tribute to Jobs after his passing, calling him a “rare original” and a Disney “family member”.

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