Tim Cook, chief executive officer of Apple Inc., waves while arriving on stage during the Apple Worldwide Developers Conference (WWDC) in San Jose, California, U.S. (Photographer: David Paul Morris/Bloomberg)

Tim Cook Is Poised to Reap $120 Million of Stock After Rally

(Bloomberg) -- Apple Inc.’s Tim Cook is set to collect stock worth about $120 million this week thanks to a run-up in shares of the iPhone maker.