Meta finalized the hire within a week, securing an AI leader with a compensation package combining salary, bonus, and stock tied to long-term results.

Meta's poaching of a top Apple Intelligence executive has been a costly exercise, with the social giant doling out $200 million for the worker.

Meta’s deal for Ruoming Pang was simply out of Apple’s league. It included a high base salary which is a hefty signing bonus and a large chunk of Meta stock most of which will vest over time.