Qualcomm's CEO got a $3.5 million bonus for settling its legal war with Apple

Qualcomm's CEO got a $3.5 million bonus for settling its legal war with Apple

5 years ago
Anonymous $9jpehmcKty

https://www.cnbc.com/2019/05/10/qualcomm-ceo-mollenkopf-got-3point5-million-bonus-for-apple-settlement.html

Qualcomm's executive team has received bonuses for settling a bitter multi-billion dollar legal battle with Apple, one of its top customers, the company said in an SEC filing on Friday.

Qualcomm CEO Steve Mollenkopf received the biggest bonus. He received 40,794 shares of Qualcomm stock, which works out to just under $3,501,757 at Friday's closing price of $85.84. He made just under $20 million in total compensation last year, according to FactSet data.

Qualcomm's CEO got a $3.5 million bonus for settling its legal war with Apple

May 10, 2019, 10:25pm UTC
https://www.cnbc.com/2019/05/10/qualcomm-ceo-mollenkopf-got-3point5-million-bonus-for-apple-settlement.html > Qualcomm's executive team has received bonuses for settling a bitter multi-billion dollar legal battle with Apple, one of its top customers, the company said in an SEC filing on Friday. > Qualcomm CEO Steve Mollenkopf received the biggest bonus. He received 40,794 shares of Qualcomm stock, which works out to just under $3,501,757 at Friday's closing price of $85.84. He made just under $20 million in total compensation last year, according to FactSet data.