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Apple CEO, Steve Jobs’ 2010 Compensation – $1

In a recent report by the Associated Press, it was mentioned that a regulatory filing shows that Steve Jobs’ compensation package remain the usual $1 in the fiscal year for 2010.

In a filing with the Securities and Exchange Commission today, Apple said that it paid Jobs a salary of $1 for his services in 2010.

Jobs rejoined Apple in 1997 and he grew the company to new heights with the iPod, iPhone and now the iPad.

According to AP, it is customary Jobs got no bonus or perks. Apple says it reimbursed Jobs $248,000 for travel expenses on his own personal jet.

Jobs, however, holds 5.5 million Apple shares, which grew about 60% in value during the 2010 fiscal year.

The AP compensation calculation includes salary, bonus, performance-related bonuses, perks, above-market returns on deferred compensation and the estimated value of stock options and awards granted during the course of the year, according to the report.

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2 Responses to "Apple CEO, Steve Jobs’ 2010 Compensation – $1"

  1. Gwen says:

    I would have sold about 4 million of the shares if I was Jobs!

  2. Those tricky corporate types, always pulling some sort of work-around.

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