Apple’s CEO Steve Jobs took $1 salary again in 2006

“Apple Computer Inc. said Friday that Chief Executive Steve Jobs’ compensation for the past fiscal year consisted of a $1 salary, just as it did for the previous two years,” MarketWatch reports.

MarketWatch reports, “After canceling his outstanding options in March 2003, Jobs got 10 million split-adjusted restricted shares and has received a total of $4 in salary since, according to Apple’s most recent annual report and previous documents filed with the Securities and Exchange Commission.”

Full article here.

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Forbes: Apple CEO Steve Jobs the 49th richest American with $4.9 billion – September 22, 2006
Apple’s CEO Steve Jobs took $1 salary again in 2005 – March 13, 2006
Apple’s CEO Steve Jobs took $1 salary again in 2004 – March 15, 2005
Apple’s CEO Steve Jobs took $1 salary again in 2003 – March 11, 2004

23 Comments

  1. I have respect a CEO that ties his renumeration to the success of the company. I have no problem with Jobs being rewarded in stock options. It’s a great motivator for improving the value of the company.

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