New York, January 9 (PTI): He runs the world’s most-valued technology company but when it comes to pay, Apple’s iconic chief Steve Jobs has been taking home a salary of just USD 1 at least for the past three years. Jobs, who rejoined Apple in 1997, is the brain behind many best-selling gadgets such as iPhone, iPad and iPods.
Interestingly, his compensation comes as a sharp contrast to many CEOs worldwide, who get huge pay packets -- an issue which was also blamed for the financial meltdown in 2008-09. “Jobs’ total compensation consists of a salary of USD 1 per year. Jobs has not received an equity award since 2003,” Apple said in a regulatory filing. He received the same salary in 2009 and 2008.
Interestingly, his compensation comes as a sharp contrast to many CEOs worldwide, who get huge pay packets -- an issue which was also blamed for the financial meltdown in 2008-09. “Jobs’ total compensation consists of a salary of USD 1 per year. Jobs has not received an equity award since 2003,” Apple said in a regulatory filing. He received the same salary in 2009 and 2008.
