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Apple SVP made $112 million yesterday and you didn't

ronjohnsonlol.jpgRon Johnson, Apple's senior VP of retail, exercised options for 700,000 shares of AAPL at a strike price of $23.72 yesterday. He sold later in the day at around $185. That's a net of over $112 million. Not a bad payday, but he certainly earned it. Johnson has led Apple's retail strategy from day one — and the former Target executive is arguably more responsible for Apple's retail success than Steve Jobs.

1:46 PM on Wed Oct 31 2007
By Jordan Golson
10,810 views