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Apple CEO sells USD 36 mln worth of stock
2016-08-29 10:37:00| Telecompaper Headlines
(Telecompaper) Apple CEO Tim Cook has sold USD 36 million worth of the 1.26 million block of compensation stock he received in 2011 when he became head of the company, the Wall Street Journal reported, citing a filing at the Securities and Exchange Commission. The shares, which were previously restricted, were valued at USD 135 million. Cook has now hit the halfway point of a stock-compensation plan that could see him awarded 7 million shares by 2021. The CEO earned most of his shares, 980,000, by remaining CEO for five years. He earned the additional 280,000 shares because Apple stock outperformed more than two-thirds of the companies in the S&P 500-stock index over the past three years.
Chorus CEO Ratcliffe to step down next year
2016-08-29 09:17:00| Telecompaper Headlines
(Telecompaper) New Zealand wholesale operator Chorus announced that its CEO Mark Ratcliffe gave notice of his intention to step down by the middle of next year. No reason for the decision was given, but Chorus said Ratcliffe would continue with full responsibilities as CEO for the next year while the company searches for a replacement. Ratcliffe said Chorus would continue to operate as business as usual. Ratcliffe led Chorus' separation from Telecom New Zealand and previously served as CEO of the wholesale arm when it was part of Telecom (now Spark).
CEO Secrets: Airbnb co-founder shares tips for success
2016-08-28 07:01:45| BBC News | Business | UK Edition
Nathan Blecharczyk, one of the co-founders of Airbnb, offers the business advice he wishes he had been given when he started out.
Former CEO of cyber charter school pleads guilty to tax fraud
2016-08-25 19:13:00| American School & University
As CEO of Pennsylvania Cyber Charter School, Nicholas Trombetta was accused of stealing some $8 million over 6 years. read more
Ooredoo Algeria appoints Kasteel as new CEO
2016-08-25 09:36:00| Telecompaper Headlines
(Telecompaper) Ooredoo Algeria has announced the appointment of Hendrik Kasteel as its new CEO, succeeding Joseph Ged, who resigned from his position on 22 August. Kasteel has over 25 years of experience, out of which 20 years in the telecom sector, where he served in several roles, most recently as Managing Director at Euronet Communications, a subsidiary of Dutch Telecom.
Tags: ceo
algeria
appoints
ooredoo
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