Apple’s latest top executives get $50M stock perks

Apple’s newly-minted top executives will have good reason to stick around in the form of a hefty stock bonus that finishes vesting in four years.

New filings with the U.S. Securities and Exchange Commission show that Craig Federighi, Apple’s senior vice president of Mac Software Engineering, and Dan Riccio, Apple’s senior vice president of Hardware Engineering, were both given 75,000 shares of company stock as part of their promotions last week.