Apple CEO Jobs takes home $1 salary, no bonus in 2006
A report on CNN Money today notes that Apple CEO Steve Jobs once again was paid US$1 in annual salary in 2006, with no bonuses. “The majority of Jobs’ compensation is paid through an equity grant, though he received no new grant in 2006,” reports CNN. “During the year, a 2003 stock grant fully vested, giving him Apple stock now worth nearly $1 billion.” Other Apple execs — COO Timothy Cook and CFO Peter Oppenheimer — received $696,880 and $615,606, respectively. Read More
