Apple Gives New GC $25M in Stock
Apple has granted its new general counsel Daniel Cooperman 133,000 shares of restricted stock valued at about $25 million.
Cooperman was general counsel of Oracle before moving to Apple on Sept. 28. To lure Cooperman to Apple, the company not only offered him the sweet stock deal, it also recruited him with the involvement of CEO Steve Jobs, the Recorder reports.
Recruiter Robert Major of Major Lindsey & Africa told the legal newspaper that Jobs evidently wanted a general counsel from Silicon Valley. “Dan is a proven quantity: He’s operated in a fast-moving environment where there were a lot of deals, a lot of innovation, a lot of really smart people with no shortage of forceful personality,” he said.