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John Browett Officially Joins Apple As Senior VP of Retail, Receives $60 Million In Stock Rights

John Browett Officially Joins Apple As Senior VP of Retail, Receives $60 Million In Stock Rights

After being appointed in January, John Browett has finally taken up his position as Senior VP of Retail at Apple, receiving $60 million in stock options in the process, MacRumors reports. According to the SEC Form 3 filing, he begun work on April 20th and had no Apple stock before joining.

\Browett has received a total of 100,000 shares on joining, equivalent to roughly $61 million dollars, which will vest on October 20th and on April 13th 2013, his one year anniversary with the company. These dates are designed to reward him for the amount of time he spends with Apple. Browett has not yet been added to Apple’s leadership page, but a photo and biography of him should appear in the near future.

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