Apple CEO Steve Jobs receives salary of $1 in 2009

Apple logoSteve Jobs was compensated $1 for his work as Apple's CEO in 2009, a tradition that has existed since 1997.

Steve Jobs officially made $1 in salary in 2009, continuing a tradition started in 1997. Apple disclosed this information in a preliminary proxy statement sent to its shareholders on Wednesday.

Jobs holds nearly 5.5 million shares of Apple's stock, a position he has held steady since 2003, making his holdings in the company worth over $1 billion. He is also the largest single shareholder in The Walt Disney Co. at 7.4 percent.

Earlier in December, Jobs was named the world's best-performing CEO in the January-Feburary 2010 edition of Harvard Business Review. He was credited with delivering a 3,188% industry-adjusted return since he rejoined the company as CEO in 1997.

Jobs was given the title "CEO of the Decade" by Fortune for his role in turning Apple into a groundbreaking technology leader and "the most valuable company in Silicon Valley." He was also a finalist for Time magazine's 2009 "Person of the Year."

Apple's annual shareholder's meeting is currently scheduled for February 25, 2010.

Source: AppleInsider

Tags: Apple, Steve Jobs

Add comment

Your name:
Sign in with:
Your comment:

Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party

Last news

Pokemon GO had the potential to net $1 billion a year
The report said that Hon Hai has invested about US$600 million in India
Market research firm IDC reports that in the third quarter of this year
Customers will only have to shell out 50% of the cost of their Galaxy S7 device
New flagship will launch in 2017
Patent hints at name of the upcoming Surface AIO
IBM, Globalfoundries and Samsung have chosen to use extreme ultraviolet (EUV) light to pattern transistors
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /
HP Slate 7 is a 7-inch Android 4 Tablet PC with good sound
A cost-effective, 7-inch tablet PC from a renowned manufacturer
October 25, 2013 / 4

News Archive



Do you use microSD card with your phone?
or leave your own version in comments