CEO Pay: Big Bucks for Tech's Chief Executives

Salaries, bonuses, perks and stock awards added up to big pay packages for tech CEOs in 2008.

By Ann Bednarz, Network World

Steve Jobs took his customary $1 salary in Apple's 2008 fiscal year, which ended Sept. 27. During the fiscal year he received no new performance-based grants of stock or option awards. (Jobs holds about 5.5 million shares of Apple's stock and has never sold a share since rejoining Apple in 1997.) The company, meanwhile, grew its revenue and profits by 35% and 38%, respectively, in fiscal '08. Revenue came in at $32.5 billion, up from $24 billion in 2007. Net income hit $4.8 billion, up from $3.5 billion in 2007.
Slideshow republished with permission from Network World. (View original version.)