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December 31, 2006

people

Steve Jobs continues the $1 salary tradition

Posted Dec. 31, ’06, 4:17 PM PT by Derik DeLong
Category | Apple » People

Steve Jobs In 2005, Apple paid Steve Jobs $1. In 2006, Apple paid Steve Jobs $1. Of course, it’s really still all about the stock options.

As an Apple fan, maybe I shouldn’t mention stock options. Instead, let’s all focus on how he got paid. Was it 12 easy payments of 8.3 cents? After taxes, was that 5.5 cents per payment? What about weekly at 1.3 cents? Don’t go spending that all in one place Steve.


2 Comments

Ricky said:

It's a cool little bit of PR for him, as well as the company. I always get a kick out of telling my Windoze buddies how Steve gets paid $1 per year.

Mel Krewall said:

Actually, the Board swapped Steve's options for a large stock grant a couple of years ago. That's one reason he's getting away clean on the options scandal.

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