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Jobs draws $1 paycheck again

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On March 11, 2004, 1:45 PM EST

Apple Computer Chief Executive Steven Jobs took a $1 salary in 2003, as he has since 1998, and received $74.75 million in restricted stock in exchange for his outstanding stock options in March 2003.

Jobs began taking a $1 salary one year after he returned to Apple in 1997, aiming to turn around the company he helped found. But over the years, other compensation for Jobs has been criticized, such as stock options and a $90 million jet.

Read more: CNet News.

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lowman
on March 12, 2004
10:20 AM 		I'll happily take a $1 salary for $74.75 million in stock, and a $90 million jet...where do I sign up?

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