Items tagged with salary
Talk about stretching a dollar. In a regulatory filing, Apple announced that its Chief Executive Officer, Steve Jobs, was again compensated just $1 in annual salary for 2010, which is something he has been doing for over a decade now. "In 2010, Mr. Jobs’s compensation consisted of a $1 annual salary," Apple said in the filing. "Mr. Jobs owns approximately 5.5 million shares of the Company’s common stock. Since rejoining the Company in 1997, Mr. Jobs has not sold any of his shares of the Company’s stock. Mr. Jobs holds no unvested equity awards. The Company recognizes that Mr. Jobs’s level of stock ownership significantly aligns his interests with shareholders’ interests....
Read more...
