View this article at: http://www.macnn.com/news/20608
Wednesday, Aug 13, 2003 2:05pm
Jobs highest paid CEO over last 3yrs: $219M
A review of total pay from 2000 through 2002 for 243 CEOs running companies with 2002 revenue of $5 billion or more also shows that total pay ranged from a low of $336,000 a year received by Berkshire Hathaway Inc.'s Warren Buffett to $219 million a year for Steve Jobs of Apple Computer Inc, according to Bloomberg: " Besides having the group's highest three-year average annual pay, Jobs also wins my Most-Ludicrous-Pay-Package trophy, which isn't awarded every year... In March 2003, after the end of my study period, Jobs gave up the ghost entirely on stock options. He turned in his 27.5 million option shares for a grant of five million free shares worth $74.6 million."