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Sunday, January 09, 2011

GreenBkk Tech | Apple CEO Jobs takes $1 for 2010 compensation

Apple CEO Jobs takes $1 for 2010 compensation

Apple Chief Executive Steve Jobs smiles after the Apple's music-themed September media event in San Francisco, California September 1, 2010.
Credit: Reuters/Robert Galbrait

(Reuters) - Apple Inc Chief Executive Steve Jobs earned another $1 in salary 2010, the technology company said in a regulatory filing on Friday.

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

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

(Reporting by Kyle Peterson)

Credit: Reuters (www.reuters.com)


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