Apple CEO May Get a Raise

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Apple CEO Steve Jobs may be the driving force behind his companyis success, but he only draws a US$1 salary each year. The Mac and iPod makeris 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. Jobsis 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. Jobsis way. In 2000, Apple dropped a $46 million Gulfstream V jet in his lap, and he already holds 5.5 million shares of the companyis stock.

Apple isnit talking about what it has in store for Mr. Jobs, but odds are itis even better than a free iPhone.

Jeff Gamet

Jeff Gamet

Jeff is the Mac Observer's Managing Editor, and co-host of the Apple Context Machine podcast. He is the author of "The Designer's Guide to Mac OS X" from Peachpit Press, and writes for several design-related publications. Jeff has presented at events such as Macworld Expo, the RSA Conference, and the Mac Computer Expo. In all his spare time, he also co-hosts the We Have Communicators podcast, and makes guest appearances on several other podcasts, too. Jeff dreams in HD.

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