Steve Jobs: highest paid CEO in Bay Area in 2003
updated 08:50 am EST, Wed December 29, 2004
Jobs highest paid CEO
Apple CEO Steve Jobs was the , according to a new study noted by The Mercury News: . "Jobs received a salary of only $1 in 2003, but he traded in almost all of his stock options for $74.8 million in restricted stock, according to an analysis of 400 publicly traded companies in the Bay Area by San Mateo-based Equilar, which tracks executive compensation. Other Bay Area CEOs in the top five included John Chambers (Cisco, $47.7M), Meg Whitman (eBay, $42.6M), Stephen Bennett (Intuit, $29.9M ) and Craig Conway (PeopleSoft, $26.9M). Some high-profile executives didn't make the list for 2003. Oracle CEO Larry Ellison is one of the world's wealthiest men, but he didn't receive any cash or stock last year." The report says that figures include salaries, bonuses, restricted stock, stock options and other compensation, but the value of stock options could change based on the stock's worth.
Fresh-Faced Recruit
Joined: Mar 2004
He lost out
Steve lost out by $100's of millions. He sold while the stock was way lower than it is now. If he'd of waited, he would've probably been the highest paid CEO in the world by selling those same stocks at todays prices.
I'm sure it doesn't keep him up nights though.