“Sitting in the front row with the other outside directors, he had to bite his tongue as two pro-environment proposals were voted down and a gadfly named Shelton Ehrlich took the mic to call him a ‘laughingstock,'” Elmer-DeWitt reports. “‘The glaciers have not melted,’ Ehrlich said, referring to Gore’s frequent warnings about the effects of global warming. ‘If his advice he gives to Apple is as faulty as his views on the environment then he doesn’t need to be re-elected.'”
“But Gore is amply rewarded for serving on Apple’s board,” Elmer-DeWitt reports. “Last year he received in cash and stock options the equivalent of $436,372. The 10,000 options he was granted in 2008 are now worth nearly $750,000.”
Elmer-DeWitt reports, “And according to an SEC filing published Friday, he has just received another 9,397 options — more than any other director — in addition to 990 restricted shares. Net value of last week’s haul, including those restricted shares: more than $227,000 at Apple’s closing price of $204.62… Gore has done well for himself since he left public service. In 2000, his net worth was estimated to be between $1 and $2 million. By 2007, it had reportedly reached $100 million.”
Full article here.