CNNMoney’s 15 Top CEO overachievers: Apple CEO Steve Jobs #1

Apple Online Store“Which Fortune 100 CEOs led their companies to outperform the S&P 500 last year — and collected the lowest pay for their efforts?” CNNMoney.com wonders.

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CNNMoney looked at the “15 Top CEO overachievers” and finds Apple CEO Steve Jobs at #1: “Total pay: $1; AAPL stock outperformed S&P 500 (1 yr., through 09/09): 63% vs. -9.2%.”

Full article, which also includes Dells’ Michael Dell (#4), Microsoft’s Steve Ballmer (#6), Amazon’s Jeff Bezos (#8), here.

10 Comments

  1. Steve Jobs got $1 and NO stock options in 2009.
    since his return in 1997 he has not sold any of his Apple shares except some for tax purposes. I think he gets some executive benefits like reimbursement for his jet when used for business.

    (reading the comments in the original article many seem to believe Steve’s $1 is B.S and he gets lots of stock).

    But here’s an article from network world
    : “Steve Jobs took his customary $1 salary in Apple’s 2009 fiscal year, which ended Sept. 27. During the fiscal year he received no new stock or option awards. (Jobs holds about 5.5 million shares of Apple’s stock and has never sold a share since rejoining Apple in 1997.)”

  2. I’ve always wondered how Steve gets paid. Does he get one annual paycheck for $1, minus taxes, social security, etc? Or does he get monthly checks for $0.083 each, or bi-weekly checks for $0.038 each, or weekly checks for $0.019 each? Printing the checks would cost more than their monetary value.

  3. However much Steve Jobs gets is not material because without him, Apple could have been sold and the proceeds given back to the stockholders, as suggested by Michael Dell. Steve Jobs’ strategy of pulling out Apple from the mire of despair is legendary.

    At the time when most other companies heeded Wall Street’s wisdom of piling up on debts, Steve Jobs has been conservative. He followed the old-fashioned American way of thrift, hard work and innovation. So please don’t deny Steve Jobs his due, he deserves it. If American companies were to follow Apple’s footsteps there wouldn’t be a crisis of identity in America. America is screw because it threw out every principles of success out of the window, and adopts greed as the guiding light.

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