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
125 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
125 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
125 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
125 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
125 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
125 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)

Popular Stories

apple tv 4k new orange

New Apple TV Expected Later This Year With These New Features

Saturday July 12, 2025 3:09 pm PDT by
A new Apple TV is expected to be released later this year, and a handful of new features and changes have been rumored for the device. Below, we recap what to expect from the next Apple TV, according to rumors. Rumors Faster Wi-Fi Support The next Apple TV will be equipped with Apple's own combined Wi-Fi and Bluetooth chip, according to Bloomberg's Mark Gurman. He said the chip supports ...
iphone 16 pro ghost hand

5 Reasons to Skip This Year's iPhone 17 Pro

Thursday July 10, 2025 4:54 am PDT by
Apple will launch its new iPhone 17 series in two months, and the iPhone 17 Pro models are expected to get a new design for the rear casing and the camera area. But more significant changes to the lineup are not expected until next year, when the iPhone 18 models arrive. If you're thinking of trading in your iPhone for this year's latest, consider the following features rumored to be coming...
iPhone 17 Pro in Hand Feature Lowgo

iPhone 17 Pro Coming Soon With These 16 New Features

Friday July 11, 2025 12:40 pm PDT by
Apple's next-generation iPhone 17 Pro and iPhone 17 Pro Max are only two months away, and there are plenty of rumors about the devices. Below, we recap key changes rumored for the iPhone 17 Pro models. Latest Rumors These rumors surfaced in June and July:A redesigned Dynamic Island: It has been rumored that all iPhone 17 models will have a redesigned Dynamic Island interface — it might ...
Apple Watch Ultra 2 Complications

Apple Watch Ultra 3: What to Expect

Sunday July 13, 2025 10:30 am PDT by
The long wait for an Apple Watch Ultra 3 is nearly over, and a handful of new features and changes have been rumored for the device. Below, we recap what to expect from the Apple Watch Ultra 3:Satellite connectivity for sending and receiving text messages when Wi-Fi and cellular coverage is unavailable 5G support, up from LTE on the Apple Watch Ultra 2 Likely a wide-angle OLED display that ...
iphone 16 pro pro max

iPhone 17 Pro Models With BOE Displays Will Be Sold in China Only

Thursday July 10, 2025 11:59 pm PDT by
iPhone 17 Pro and iPhone 17 Pro Max models with displays made by BOE will be sold exclusively in China, according to a new report. Last week, it emerged that Chinese display manufacturer BOE was aggressively ramping up its OLED production capacity for future iPhone models as part of a plan to recapture a major role in Apple's supply chain. Now, tech news aggregator Jukan Choi reports...
top stories 2025 07 12

Top Stories: iPhone 17 Pro Rumors, iOS 26 Beta 3, and More

Saturday July 12, 2025 6:00 am PDT by
The iOS 26 public beta release is quickly approaching, while developers have recently gotten their hands on a third round of betas that has seen Apple continue to tweak features, design, and functionality. We're also continuing to hear rumors about the iPhone 17 lineup that is now just about right around the corner, while Apple's latest big-budget film appears to be taking off, so read on...