Apple CEO Jobs' 2010 compensation remains $1

Fri, 01/07/2011 - 4:05am
The Associated Press

A regulatory filing shows Apple CEO Steve Jobs' compensation package remained the usual $1 in fiscal 2010.

Apple Inc. said in a filing with the Securities and Exchange Commission on Friday it paid a salary of $1 to Jobs, who rejoined Apple in 1997 and has overseen the company's unrivaled successes with the iPod, the iPhone and now the iPad.

As is customary, Jobs got no bonus or perks. Apple says it reimbursed Jobs $248,000 for travel on his personal jet. But Jobs holds 5.5 million of Apple's shares, which gained about 60 percent in value during the fiscal year.

The Associated Press 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 year.


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