0NEWAIR0 From United States of America, joined May 2007, 939 posts, RR: 0
Reply 10, posted (2 years 9 months 1 week 1 day 10 hours ago) and read 15560 times:
Quoting ikramerica (Reply 12): Quoting Part147 (Reply 11):
I find it interesting that he worked WITHOUT pay according to the info on this A.Net picture...
Yes, $1 and all the perks was his salary. That included stock (though not nearly as much as some CEO/founders have), expenses, medical, transportation (including the jet).
Quoting sw733 (Reply 13): That's actually not uncommon. I would say he probably worked for $1/year rather than zero pay whatsoever, which I believe was still is salary when he left the company. There are many CEOs who work for something ridiculous like that and make their riches off of stock. I believe it was just announced that Meg Whitman @ HP will do the same.
SW733 is right. Worked "without pay" (well, $1) is very misleading - though it does sound very good when you hear it. The actual salary (no matter the dollar amount) most, if not all, CEOs get at Fortune 500 companies makes up a very small percentage of their total compensation package.
"The future belongs to those who believe in the beauty of their dreams."
If he owned it then whoever he left it to in his will, or if nobody then it automatically goes to his wife (at least that's what would happen under the law here in Australia). Or if Apple still owns it then the obviously still do, and I imagine that they'll continue using it.
soon7x7 From , joined Dec 1969, posts, RR:
Reply 16, posted (2 years 9 months 1 week 1 day 3 hours ago) and read 6233 times:
Quoting flyglobal (Reply 5): I may assume that you coincidently started this thread ahead of the news that Steve Jobs just passed away.
It is a fair and timely question given the circumstances...as a corporate jet photographer I was wondering the same thing...and true to form...the answer to my question already posted on A/net. Thnxmuch...