Photo: Flickr/El Frijole
In his seven and a half years at Apple Ron Johnson netted around $400 million via the sale of stock and options, says Piper Jaffray analyst Gene Munster.Johnson still owns ~$35 million in Apple shares, and is walking away from picking up another 250,000 shares of the company valued at ~$80 million, says Munster.
In other words, he’s not leaving Apple to become CEO of JC Penney for the money.
NOW WATCH: Tech Insider videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.