HomeNewsWorldApple CEO Jobs takes $1 for 2010 compensation

Apple CEO Jobs takes $1 for 2010 compensation

Apple Inc Chief Executive Steve Jobs earned another USD 1 in salary 2010, the technology company said in a regulatory filing on Friday.

January 09, 2011 / 11:30 IST

Apple Inc Chief Executive Steve Jobs earned another USD 1 in salary 2010, the technology company said in a regulatory filing on Friday.

Jobs has received annual compensation from Apple of only USD 1 since 1997. He owns USD 5.5 million shares of Apple common stock. Jobs co-founded Apple in 1976.

Shares of the company rose 50% on the New York Stock Exchange in 2010. The stock closed at USD 336.12 on Friday.

 

first published: Jan 9, 2011 10:55 am

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