Jobs drops to No. 99 on executive pay survey
updated 04:20 am EDT, Tue May 31, 2005
Jobs drops to No. 99
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. 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.






Fresh-Faced Recruit
Joined: May 2005
time changes...
"the Cupertino, Calif., computer and gadget maker" So, one has to get used to this new way of calling Apple
*gadget maker*
:-)