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News › Apple

Apple

Apple’s Steve Jobs again gets salary of $1

Last updated: May 14, 2021 4:33 pm UTC
By LC Angell
Apple’s Steve Jobs again gets salary of $1

Apple’s Steve Jobs again received a salary of $1 in 2004, according to an annual proxy statement filed Tuesday with the Securities and Exchange Commission. Jobs also did not receive stock options or restricted stock from Apple last year.

“For years, Jobs, who co-founded Cupertino, California-based Apple, has taken a salary of $1,” reports Reuters. “In March 2003, Jobs voluntarily canceled all of his outstanding options, excluding those granted to him in his capacity as director.” Jobs is Apple’s second-largest shareholder, with more than 10 million shares, or 1.23 percent of the company’s outstanding share count, according to Marketwatch.

Apple’s Steve Jobs again gets salary of $1

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