apple news/media reports

05/31/2005, 4:20am, EDT

Tuesday, May 31st

Jobs drops to No. 99 on executive pay survey

Apple CEO Steve Jobs fell to No. 99 on The Los Angeles Times' executive pay survey, after being No. 1 on the list last year. Jobs is next to last on the new list after his compensation plunged from $74.8 million to just $1, according to the report. "But according to federal filings, Jobs still owns 10 million shares of the Cupertino, Calif., computer and gadget maker — worth about $406 million at Friday's market close.... Despite Apple's banner year in 2004 — when its share price more than tripled — Jobs did not get any additional stock grants.... The 2003 grant was the first for Jobs in five years." Yahoo! CEO Terry Semel topped the list with a $145 million compensation package.


Filed under: Apple

, , 5comments, del.icio.us, slashdot, digg, buzz


5 comments
Reader Reactions (Please use <i></i> for italic text)

subscribe to comments
for this article




Expand All   Global Settings
time changes...
0
05/31, 5:49am, EDT
"the Cupertino, Calif., computer and gadget maker" So, one has to get used to this new way of calling Apple

*gadget maker*

:-)
Fresh-Faced Recruit
Joined May 2005
User is offline
Better than
0
05/31, 8:04am, EDT
"beleagured" any day, I say... :)
Fresh-Faced Recruit
Joined Aug 2001
User is offline
99th place?
0
05/31, 10:33am, EDT
Who made less than $1? Poor shmuck.
Dedicated MacNNer
Joined Oct 2001
User is offline
406m! That's right folks
0
05/31, 11:51am, EDT
Yep, when they publish these numbers when he gets the options, they make sure everyone knows he got 70 million in salary. When he only gets the $1, they still need to bring up the previous years grants as well, just to make sure you know he made money. How come they're not saying how much all these guys have in the bank earning interest? Or invested in other companies. You know, something like "Jobs, who made $70 million last year, is also earning 4.65% annually on that money from various CDs and money market accounts. Finally, he netted $65 on a stock deal, selling 100 shares of Pepsi stock for a 75 cent gain. "
Fresh-Faced Recruit
Joined Aug 2001
User is offline
????
0
05/31, 10:13pm, EDT
he did it all for the noo..., oh wait that was Fred Durst.
Fresh-Faced Recruit
Joined Jun 2003
User is offline
Your Comments

In order to post comments: If you are a registered member, please login with your MacNN Forums username and password otherwise please uncheck the checkbox below.


Registered Member?
macnn forums login:

macnn forums password:

Not a member of the MacNN forums? Register now for free.

RSS Feeds

Have the latest content delivered to your desktop via RSS. Use the links below to get access to a specific blog, news, or reviews feed.



  MacNN -all

  MacNN Reviews

  MacNN Podcasts

  iPodNN

  Electronista

  Left Lane News

Click Now for Great Deals on FUJITSU Products!: Limited Time Offer on Lifebook Notebooks, Tablet PCs, and Ultra-Mobile PCs!

Get Special Offers on LENOVO Mobility Solutions!: TopSeller Desktops, affordable Notebooks, and much more while supplies last!

Get Special Rebates on SONY Mobility Solutions!: Synnex Resellers - Take advantage of Special Offers on a variety of Notebook series from Sony today!

Check out Rebates on MOTION COMPUTING Tablets!: Perfect for any Healthcare provider! Buy now and get rebates on Motion C5 and LE1700 Tablet PCs!

Get VMware Fusion for 50% off for ONE DAY ONLY!: Run Windows on a Mac without rebooting with VMware Fusion

Buy from The Apple Store, iTunes.com, Amazon.com, TechDepot, OfficeDepot, Computers4Sure, or donate.