Published On: Thu, Dec 28th, 2017

The Israeli in Apple Johny Srouji Receives $24 Million This Year

Johny Srouji and his team planned within six months a new processor for the iPad - A9X. According to BusinessWeek, this effort earned Srouji his promotion as vice president.

Johny Srouji, Apple’s senior vice president, and most senior Israeli has reached the second on Apple’s highest-paid list this year. Apple’s announcement to shareholders reveals that Srouji made a profit of more than $24 million in 2017, just a few tens of thousands of dollars less than the retailer Angela Ahrendts.

According to Bloomberg, company CEO Tim Cook earned less than these two, but along with a huge bonus in stocks took home this year $102 million.

Johny Srouji, who grew up in Haifa for a Christian Arab family and studied at the Technion, joined Apple in 2008 and was promoted to vice president of hardware technology in 2015. According to the US Securities and Exchange Commission, a public company such as Apple is committed to publicizing the salary of the chief executive officer, chief financial officer, and at least three other senior executives. Last year Srouji did not enter this list, indicating that his salary is higher this year.

According to Business Insider, Apple is definitely interested in leaving Srouji in the company. When he took up his position as vice president, the company gave him nearly $10 million in shares to be granted over four years.

According to a profile report on Sarouji in BusinessWeek about two years ago, he saved the launch of the Apple iPad – the Apple tablet that appeals to business customers.

The launch of the new iPad was postponed from Spring to Autumn 2015 and was scheduled for the launch of the iPhone S6, a new generation model that was designed for the iPad.

An outdated technical specification would have weakened the position of the pro, who had turned to business customers. To solve this problem, Srouji and his team planned within six months a new processor for the iPad – A9X. According to BusinessWeek, this effort earned Srouji his promotion as vice president.

The first generation of the iPhone was based on external components. The mythological CEO Steve Jobs decided to take responsibility for the entire value chain of the core components of the device: the processor, the battery and the internal memory, and the person who led the change in the company was Johny Srouji.

 

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