Steve Jobs Makes $1 Salary; CFO Makes $71 Million | Cult of Mac

Steve Jobs Makes $1 Salary; CFO Makes $71 Million



Apple’s executives raked it in last year, and Steve Jobs took his customary $1 in salary.
According to an SEC filing reported by Marketwatch:
“¢ Chief Financial Officer Peter Oppenheimer realized $56 million in value from the exercise of options during 2006. Oppenheimer also received a $615,000 salary, a $450,000 bonus and restricted stock valued at $14 million.
“¢ Chief Operating Officer Timothy D. Cook received restricted stock valued at $22 million, a salary of $697,000 and a $525,000 bonus for 2006.
“¢ Jobs has received the majority of his compensation through an equity grant and isn’t eligible for a bonus, according to Monday’s filing. He doesn’t receive any other compensation, the company said.


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