31.10.2010 23:05 Uhr, Quelle: MacNN

Another Apple exec cashes in: $44M for Johnson

Apple's senior vice-president in charge of retail operations, Ron Johnson, sold 150,000 shares of stock in the company last Thursday, according to SEC filings posted by Apple on Saturday. With a strike price of $11.06, and an average sell price of $306, the executive received a $44 million dollar windfall. Johnson is in charge of running Apple's retail empire, now encompassing 317 stores and still growing at a furious pace both in store openings and profitability, setting records all the more impressive in light of the recession-bound economy.

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