Forbes posts CEO salary report
A report on Forbes today takes a look at what some CEOs were paid last year. “The chief executives of America’s 500 biggest companies (as measured by a composite ranking of sales, profits, assets and market value) received an aggregate 6% pay raise last year, which pales in comparison to their 54% pay raise in 2004. In total, America’s top executives earned a healthy US$5.4 billion last year,” notes the story. Apple CEO Steve Jobs made received $1 in salary and no bonus, as per his request.
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