johny_srouji_appleApple's newly promoted Senior Vice President of Hardware Technologies Johny Srouji was awarded 90,270 restricted stock units on October 5, 2015, according to a recent filing with the U.S. Securities and Exchange Commission. The RSUs awarded vest 12.5% in semi-annual installments over a four year period ending October 2019.

Srouji now has a total of 217,305 RSUs and 101,881 common stock units, which together amount to just over $34 million at AAPL's current trading price of around $107 per share. The latest batch of 90,270 RSUs are currently valued at approximately $9.6 million.

Apple often rewards high-level executives with RSUs based on their performance. In August, for example, Apple CEO Tim Cook and Senior Vice President of Internet Software and Services Eddy Cue received 560,000 and 350,000 RSUs respectively worth over $97 million combined. Apple retail chief Angela Ahrendts also received 113,334 RSUs as a signing bonus upon joining Apple in May 2014.

Srouji was promoted to Senior Vice President of Hardware Technologies on December 17, as part of a larger executive team makeover that saw Jeff Williams promoted to COO and marketing chief Phil Schiller take over App Store leadership across all Apple platforms. Tor Myhren, chief creative officer at ad agency Grey, will also join Apple in early 2016 as Vice President of Marketing Communications.

Srouji joined Apple in 2008 to lead development of the A4 chip for iPhone 4, and he now oversees silicon and hardware technologies, including batteries, application processors, storage controllers, sensors silicon, display silicon and other chipsets across Apple's entire product line. Prior to Apple, he held senior positions at Intel and IBM in the areas of processor development and design.

Top Rated Comments

69Mustang Avatar
76 months ago
I know how I would spend it if I had $5M or so (I'd own a nice house... Maybe get a vacation house... Get two Teslas... And retire to do whatever projects I want for the rest of my life) but I have no idea what you'd even do with money after that.

At some point you could get a yacht or a plane or something... But I don't really see the point. Seems that premium seats would get you most of the same niceties at a far lower price.
Psssh. Where's your imagination. I'd get hookers and blow... and a statue of a hooker made out of blow. I'd buy a Capuchin monkey and hire a guy to do nothing but let the monkey hit him with pies... pies made of blow. I'd hire a big ass group of civil war reenactors and force them to reenact the Peloponnesian war in full Civil War dress. I'd buy the monkey an Apple Watch. I would not buy the monkey an iPhone though. Cuz, I mean seriously, monkeys don't need a phone. Besides, he'd only accrue excessive data charges with Wifi Assist.

/takes meds

/falls asleep
Score: 9 Votes (Like | Disagree)
Tycho24 Avatar
76 months ago
You'd be broke before you know it maintaining that large house and two 100k cars.
Plus... nobody would give someone $5 million, if they were the kind of person that would then immediately retire.
I think that kind of money is reserved for people passionate about their careers, who would work hard, achieve much, and leave a legacy.
Score: 5 Votes (Like | Disagree)
desmond2046 Avatar
76 months ago
Apple A series processor is years ahead of the rest of the industry. He definitely deserves the rewards.
Score: 5 Votes (Like | Disagree)
Orlandoech Avatar
76 months ago
I know how I would spend it if I had $5M or so (I'd own a nice house... Maybe get a vacation house... Get two Teslas... And retire to do whatever projects I want for the rest of my life) but I have no idea what you'd even do with money after that.

At some point you could get a yacht or a plane or something... But I don't really see the point. Seems that premium seats would get you most of the same niceties at a far lower price.
You'd be broke before you know it maintaining that large house and two 100k cars.
Score: 4 Votes (Like | Disagree)
69Mustang Avatar
76 months ago
If I were the majority shareholder at Apple:

1.Tim Cook would be unemployed.

Why?

Apple Watch = Fail
Apple Maps = Fail
Siri = Fail
Apple Pay = Way too slow of an adoption rate, and the greed before widespread adoption comes first, so fail.

16 GB base for iPhone with $199 on contract = fail.
Shrinking stock price = Fail.
Apple Music = Fail.

The company's last keynote presentation would also have me worried that the company is starting to decline a bit.

2. There would be more Apple Stores

There's a grand total of one Apple Store in upstate NY, ONE.

I'm sure other areas have the same problem, where customers have to drive 2 hours just to go to the nearest Apple Store.


I know stockholders don't have the power to make every decision for the company, but they do have the power to overthrow the CEO.
Leftover Christmas brandied eggnog or pre-New Years champaign? Either way, your drunk.:p
Score: 3 Votes (Like | Disagree)
macnewbie91 Avatar
76 months ago
If I were the majority shareholder at Apple:

1.Tim Cook would be unemployed.

Why?

Apple Watch = Fail
Apple Maps = Fail
Siri = Fail
Apple Pay = Way too slow of an adoption rate, and the greed before widespread adoption comes first, so fail.

16 GB base for iPhone with $199 on contract = fail.
Shrinking stock price = Fail.
Apple Music = Fail.

The company's last keynote presentation would also have me worried that the company is starting to decline a bit.

2. There would be more Apple Stores

There's a grand total of one Apple Store in upstate NY, ONE.

I'm sure other areas have the same problem, where customers have to drive 2 hours just to go to the nearest Apple Store.


I know stockholders don't have the power to make every decision for the company, but they do have the power to overthrow the CEO.
Score: 2 Votes (Like | Disagree)

Related Stories

studio buds family

Beats Studio Buds Debuting Today With Active Noise Cancellation, Stemless Design, and More for $150

Monday June 14, 2021 8:00 am PDT by
We've seen a lot of teasers about the Beats Studio Buds over the past month since they first showed up in Apple's beta software updates, and today they're finally official. The Beats Studio Buds are available to order today in red, white, and black ahead of a June 24 ship date, and they're priced at $149.99. The Studio Buds are the first Beats-branded earbuds to truly compete with AirPods...
os x mountain lion macs 16x9 2

Apple Makes OS X Lion and Mountain Lion Free to Download

Wednesday June 30, 2021 12:19 pm PDT by
Apple recently dropped the $19.99 fee for OS X Lion and Mountain Lion, making the older Mac updates free to download, reports Macworld. Apple has kept OS X 10.7 Lion and OS X 10.8 Mountain Lion available for customers who have machines limited to the older software, but until recently, Apple was charging $19.99 to get download codes for the updates. As of last week, these updates no...
iPhone 13 Dummy Thumbnail 2

Kuo: iPhone 13 to Feature LEO Satellite Communications to Make Calls and Texts Without Cellular Coverage

Sunday August 29, 2021 7:39 am PDT by
The iPhone 13 will feature low earth orbit (LEO) satellite communication connectivity to allow users to make calls and send messages in areas without 4G or 5G coverage, according to the reliable analyst Ming-Chi Kuo. In a note to investors, seen by MacRumors, Kuo explained that the iPhone 13 lineup will feature hardware that is able to connect to LEO satellites. If enabled with the relevant...
youtube apple tv

YouTube Discontinuing 3rd-Generation Apple TV App, AirPlay Still Available

Wednesday February 3, 2021 3:09 pm PST by
YouTube is planning to stop supporting its YouTube app on the third-generation Apple TV models, where YouTube has long been available as a channel option. A 9to5Mac reader received a message about the upcoming app discontinuation, which is set to take place in March.Starting early March, the YouTube app will no longer be available on Apple TV (3rd generation). You can still watch YouTube on...
General Apps Messages

Android iMessage Competitor Puts Pressure on Apple

Friday July 30, 2021 3:15 am PDT by
Google and the three major U.S. carriers, including Verizon, AT&T, and T-Mobile, will all support a new communications protocol on Android smartphones starting in 2022, a move that puts pressure on Apple to adopt a new cross-platform messaging standard and may present a challenge to iMessage. Verizon recently announced that it is planning to adopt Messages by Google as its default messaging...
bluetti eb70 main

MacRumors Giveaway: Win a Bluetti EB70 Portable Power Station and 200W Solar Panel

Friday September 3, 2021 11:13 am PDT by
For this week's giveaway, we've teamed up with MAXOAK to offer MacRumors readers a chance to win a Bluetti portable power station and an accompanying solar panel. Bluetti makes a range of portable power station options that are useful for camping, emergencies, power outages, off-grid living, and similar situations. The Bluetti EB70 is a solid middle of the road option that offers 716Wh and...
personal hotspot 1

Apple Acknowledges Personal Hotspot Issues Affecting Some iOS 13 and iPadOS 13 Users

Saturday March 21, 2020 10:04 am PDT by
In an internal document distributed to Apple Authorized Service Providers this week, obtained by MacRumors, Apple has acknowledged that some iOS 13 or iPadOS 13 users may experience issues with Personal Hotspot. Apple has told Authorized Service Providers to expect customers who are unable to connect to a Personal Hotspot or experience frequent disconnection from one. Customers may also...
iphone 13 teal with text

Apple Begins Preparation for iPhone 13 Production Ahead of Fall Launch

Monday June 28, 2021 3:29 am PDT by
We're just a few months away from when Apple is expected to reveal the 2021 iPhone, dubbed the "iPhone 13." In preparation for its launch, it has been pulling in shipments of different components needed to produce the new iPhones, according to a report from DigiTimes. In years past, Apple released its latest iPhone lineup, alongside a new Apple Watch, during a September event at Apple Park....
General Spotify Feature

Spotify Partners With Delta to Provide Free In-Flight Music and Podcasts Service

Thursday September 2, 2021 12:59 am PDT by
Spotify has announced a new partnership with Delta that will see the streaming service take over the "audio" section of Delta's in-flight seatback entertainment, making select playlists and podcasts freely available to all passengers. You are now free to roam about the cabin—and get the music and podcasts you love at 30,000 feet. Beginning today, we're taking off in a new partnership with...