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Jobs\' compensation surges more than 1000% in 2003

updated 08:00 am EDT, Wed July 28, 2004

Jobs compensation package

The median pay for US CEOs increased by 15 percent last year and Apple CEO Steve Jobs was among the the CEOs of four companies -- Oracle., Apple, Yahoo and Colgate-Palmolive -- who watched their total compensation packages --largely through exercising stock options and receiving restricted stock, according to a report by The Associated Press: "The survey also examined the pay of 1,794 CEOs who held their posts for all of 2003, and found that median compensation was $1.85 million. IAC/InterActiveCorp's CEO, Barry Diller, had the highest total compensation, according to the survey. He received $156 million in 2003, including stock option profits of $151 million."

by MacNN Staff




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