[Newsbot]

Title: Apple CEO Jobs keeps $1 salary
Category: Business
Posted By: hurley_108
Date: 2011-01-07 15:06:02

[hurley_108]

This is interesting. Is it just, as some commenters say, a tax avoidance mechanism, or is it a good way of actually incentivizing a CEO to make the company do well by being good at what it does instead of screwing with it internally?

[Proculation]

hurley_108 hurley_108:

This is interesting. Is it just, as some commenters say, a tax avoidance mechanism, or is it a good way of actually incentivizing a CEO to make the company do well by being good at what it does instead of screwing with it internally?

That's only the salary. You need to add to that the gains from the shares and the stock options. Don't worry, he still makes millions per years

[ASLplease]

Why would it matter to Jobs if it was $1 or $1million dollar? either way, its insignificant to him, so why not do something that gets press coverage, eh?