2006: Apple CEO Steve Jobs earns $1
updated 09:00 am EDT, Mon April 16, 2007
Jobs takes home $1 in 2006
Apple CEO Steve Jobs, once again, took home $1 as salary in 2006 and received no bonus, while Apple's chief financial officer took home millions, according to new SEC filings by Apple. The bulk of the Cupertino-based company's CEO compensation is from a 2003 equity stock grant that fully vested in 2006 and is worth nearly $1 billion. Apple CFO Peter Oppenheimer earned $56 million from the exercise of options during 2006 and also received a $615,000 salary along with a $450,000 bonus and restricted stock valued at $14 million. Apple's Chief Operating Officer Timothy D. Cook received restricted stock valued at $22 million, a salary of $697,000 and a $525,000 bonus for 2006, the filings reveal. Filings reveal that Apple received six shareholder proposals, including a proposal to urge Apple's board to adopt a policy allowing shareholders to vote annually on executive compensation. Apple's shareholder meeting is scheduled for May 10.
$1
04/16, 10:08am reply delete
I wanna work for a dollar! ;-)
Galley@galleytech.com
Joined:
iJet Earnings
04/16, 01:54pm reply
What is a reasonable estimate of earnings Steve derives from the lease of iJet (Gulfstream V) provided by Apple as compensation in 1997? A form of private income off the public radar. The most recent public reports indicate Apple reimbursed Steve $220K for business operations. That leaves the iJet unused or on loan to a leasing company. Who follows the travels of iJet's tail number N2N based at Stockton Airport CA?
Benton
Forum Regular
Joined: Jan 2005
Try asking...
04/24, 02:19pm reply
Al Qaeda. They should be able to help.
Sphincty
Fresh-Faced Recruit
Joined: Dec 2006