The Mac Observer

Skip navigational links

You're viewing an article in TMO's historic archive vault. Here, we've preserved the comments and how the site looked along with the article. Use this link to view the article on our current site:
Apple CEO May Get a Raise

Apple CEO May Get a Raise

by , 9:15 AM EST, November 16th, 2007

Apple CEO Steve Jobs may be the driving force behind his company's success, but he only draws a US$1 salary each year. The Mac and iPod maker's annual report for fiscal 2007 hints that Mr. Jobs may finally be due a raise, according to CNET News.

The report Apple filed with the SEC Thursday afternoon stated "Because Mr. Jobs's continued leadership is critical to Apple, the Compensation Committee is considering additional compensation arrangements for him."

While that may include a bigger paycheck, it more likely means that the company is lining up some other perks to throw Mr. Jobs's way. In 2000, Apple dropped a $46 million Gulfstream V jet in his lap, and he already holds 5.5 million shares of the company's stock.

Apple isn't talking about what it has in store for Mr. Jobs, but odds are it's even better than a free iPhone.

Recent Headlines - Updated March 31st

Tue,3:15 PM
The New Microsoft Surface 3 Tablet Hits the Mark
1:40 PM
Satechi 10 Port Premium Aluminum USB 3 Hub Includes Charging Ports
1:35 PM
TMO Daily Observations 2015-03-31: Tidal’s Entry into the Streaming Music Game
11:55 AM
Amazon Wants to Turn You Home into a Web Store with Dash Buttons
11:05 AM
Adonit, Evernote Intro Higher Precision Jot Script 2 iPad Stylus
9:14 AM
Facebook is Tracking You Even if You Don’t Have an Account
Mon,9:12 PM
Musicians Launch ‘Tidal’ Streaming Music Service to Reestablish Value of Music
8:40 PM
Apple Retail Expands Trade-Ins to Non-Apple Phones
7:13 PM
ifoAppleStore Calls it Quits, ‘My Work Is Done’
6:46 PM
Apple Will Announce Q2 Earnings April 27th
6:01 PM
Tesla Will Announce New Product Line April 30th - Not a Car
5:45 PM
What to Expect from the Core M Processor in the New MacBook
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!