Monday, May 06, 2013

Al Gore, Man of the People, Gets Paid Over $1 Million a Day to Sit on Apple’s Board, $125,000 per hour

Wizbang
Looking at the numbers, Gore has made about $1,000,000 a year for the last 10 years to sit on a board that was famously paid to agree with Steve Jobs. And then he got $45 million in stock options as a bonus for a total of about $55 million. Considering the board meets about 5 times years, that’s just over $1,000,000 per day or $125,000 per hour.

So what has Gore done to earn that money? Gore’s most famous accomplishment was to lead the board’s investigating committee, which “cleared CEO Steve Jobs and current management of wrongdoing” in a stock option backdating scandal which Apple later admitted Jobs knew about.

When you’re Al Gore, Greed is good.

1 comment:

Anonymous said...

It would appear that the Gore Effect is taking its toll on Apple Stock.