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Blue Velvet

Moderator emeritus
Original poster
Jul 4, 2004
21,929
265
Steve Jobs might not be the worst-paid CEO in Silicon Valley much longer.

In its annual 10-K report, filed with the U.S. Securities and Exchange Commission, Apple says that "because Mr. Jobs's continued leadership is critical to Apple, the compensation committee is considering additional compensation arrangements for him."

http://blog.wired.com/business/2007/11/steve-jobs-may.html


They might just double his pay. ;)
 

WildCowboy

Administrator/Editor
Staff member
Jan 20, 2005
18,490
2,991
Hmmm...sounds like it's time for more stock options. Let's make sure we do it by the book this time, guys. :cool:
 

Eraserhead

macrumors G4
Nov 3, 2005
10,434
12,250
UK
WOW... a 100% increase! :eek:

Tout est relatif.. :D

Its outrageous what CEO's get paid these days :p.

The really sad thing is that the year it does rise, probably by 1 million percent or so, some left wing economist is bound to leap up and quote the percentage increase of CEO wages of fortune 100 companies and declare it an outrage.
 

MacsRgr8

macrumors G3
Sep 8, 2002
8,316
1,832
The Netherlands
The really sad thing is that the year it does rise, probably by 1 million percent or so, some left wing economist is bound to leap up and quote the percentage increase of CEO wages of fortune 100 companies and declare it an outrage.

LOL... I hear you.

I can even hear them now....
Look at the figures! They show an OUTRAGEOUS increase of 100% while the hardworking "Genius" in the Apple Store merely gets a miserly 1.3% annually.
.. and nobody mentions how much that increase really is worth in real money.
Welcome to the world of journalism. ;)
 

Rodimus Prime

macrumors G4
Oct 9, 2006
10,136
4
I want to know what the real amount jobs is making now his so call salary but what it is after all his bonuses and stock options he is given. I am going to guess it is fairly large number.
 

jaydub

macrumors 6502a
Jan 12, 2006
798
2
I want to know what the real amount jobs is making now his so call salary but what it is after all his bonuses and stock options he is given. I am going to guess it is fairly large number.

well as that link said, it has all contributed to his net worth of ~$5.7B
 

CalBoy

macrumors 604
May 21, 2007
7,849
37
Hmmm...sounds like it's time for more stock options. Let's make sure we do it by the book this time, guys. :cool:

Indeed. I like Apple's products, and I know that they wouldn't be the same without Jobs at the helm, but I can't defend cooked books.
Its outrageous what CEO's get paid these days :p.

The really sad thing is that the year it does rise, probably by 1 million percent or so, some left wing economist is bound to leap up and quote the percentage increase of CEO wages of fortune 100 companies and declare it an outrage.

LOL... I hear you.

I can even hear them now....

.. and nobody mentions how much that increase really is worth in real money.
Welcome to the world of journalism. ;)

I know you guys are joking around, but seriously (just for a moment; I won't ruin too much of your fun :p) speaking, CEO earnings have sky-rocketed in the past ten or so years. Prior to the boom of the '90s, the ratio of CEO to average worker wages was around 100. As the boom continued, CEO salary to worker salary went up to an astounding 300:1, its peak. It then began to retreat again until recently, where it's shot up again to 262:1.

When we consider what's been going on lately with back dated stocks, cooked books, etc, it's rather saddening.

Here's the link if you want more info.

[/no fun zone]

Jobs is one of the more deserving CEOs in the industry. He's taken a once forgotten brand, and made it the hottest electronics name in the world. That not only deserves kudos, it deserves some mullah to boot.

I want to know what the real amount jobs is making now his so call salary but what it is after all his bonuses and stock options he is given. I am going to guess it is fairly large number.

Oh yes, I'm sure it's quite a large number. I think that with the recent success of Apple, he might have been given up to $10 million in shares last year. Considering the leap frog effect the stock has been experiencing the past few years, that's certainly worth a great deal more now.
 
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