Apple Inc. CEO Steve Jobs’ compensation package remained the usual $1 in fiscal 2010, but the value of the shares he owns has skyrocketed amid the company’s ongoing success with introducing shiny new gadgets many find indispensible.
Apple said in a filing with the Securities and Exchange Commission on Friday it paid a salary of $1 to Jobs, who oversaw the company’s explosive growth following the launch of the iPod, the iPhone and now the iPad.
As is customary, Jobs got no bonus or perks during the fiscal year that ended Sept. 25, 2010. Apple said it reimbursed Jobs $248,000 for company travel on the $90 million jet he received as a bonus in 1999.
Jobs holds 5.5 million of Apple’s shares which gained about 60 percent in value during the fiscal year. The value of Jobs’ personal holdings is now at $1.84 billion.
Associated Press
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