Google CEO Declines Apple Stock Options

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Google CEO Declines Apple Stock Options

By: Nathan Weinberg
2006-09-06

Google CEO Eric Schmidt, newly minted member of Apple Computer's board of directors, has declined a stock option...

...offer presented to new members of the board.

Apple's stock option program has been embroiled in more than a little bit of a scandal lately, so Schmidt is probably just doing the safe and smart thing here. Instead, Google's Chief will buy the 20,000 shares on the open market. Considering that (a) the man is a billionaire, and (b) Apple's stock ain't doing so well lately, he can definitely afford to go this route.

Tag: Google, Apple, Eric Schmidt

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View All Articles by Nathan Weinberg

About the Author:
Nathan Weinberg writes the popular InsideGoogle blog, offering the latest news and insights about Google and search engines.

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