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Jobs receives $1 salary again

According to Apple’s annual proxy statement, which was filed today with the Securities and Exchange Commission, CEO Steve Jobs once again received a US$1 salary, reports CNET News. In addition, in March 2003, Jobs was awarded 10 million restricted shares of Apple stock that will be fully vested this month. The reports also notes that “Apple’s board had suggested that the company issue more cash bonuses. In last year’s proxy statement, Apple’s board said that despite the prior year’s restricted stock grants, executives at the company were underpaid and urged the company to begin a cash bonus program.” CNET News has more details on other Apple executive’s salaries and bonuses, as well other tidbits from the filing.

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