Steve Jobs most underpaid CEO ?

Discussion in 'General Mac Discussion' started by neildmitchell, Jun 18, 2005.

  1. neildmitchell macrumors 6502a

    neildmitchell

    Joined:
    May 21, 2005
    #1
    Chiron's Pien is Bay Area's most overpaid CEO, Jobs is most underpaid
    Friday June 17, 3:31 pm ET

    bizjournals.com

    Apple Computer's Steve Jobs was the Bay Area's most underpaid CEO in 2004, a dramatic turnaround from 2003, when he was one of the most overpaid.

    The most overpaid Bay Area CEO in 2004 was Howard Pien of Chiron Corp., followed by John Chen of Sybase Inc. according to research published Friday by the San Francisco Business Times.

    ADVERTISEMENTBusiness Times research compared CEO pay with company performance for the 100 largest publicly held companies in the region.

    Jobs took home $1 in total compensation from Apple for 2004. The previous year, he took home $74.8 million.
    Gee.. could you live off of $74.8 Million for more then one year, I know I could. More CEOs should draw $1, how much $ do people REALLY NEED

    Terry Semel, the fabulously paid CEO of Yahoo (NASDAQ:YHOO - News) was deemed fairly compensated despite compensation above $109 million. SFBT research showed he was the most underpaid CEO the previous year.

    Pien, whose company ran into huge problems after British regulators shut down flu vaccine production at a Chiron plant last year, took home $12.6 million.

    Chen took home $8 million in 2004.

    Top 5 most overpaid San Francisco Bay Area CEOs:

    1. Howard Pien, Chiron Corp. (NASDAQ:CHIR - News)

    2. John Chen, Sybase Inc. (NYSE:SY - News)

    3. Jure Sola, Sanmina-SCI Corp. (NASDAQ:SANM - News)

    4. Bobby Johnson, Foundry Networks. (NASDAQ:FDRY - News)

    5. T.J. Rodgers, Cypress Seminconductor Corp. (NYSE:CY - News)

    Top 5 most underpaid San Francisco Bay Area CEOs:

    1. Steve Jobs, Apple Computer Inc. (NASDAQ:AAPL - News)

    2. Sehat Sutardja, Marvell Technology Group Ltd. (NASDAQ:MRVL - News)

    3. John Thompson, Symantec Corp. (NASDAQ:SYMC - News)

    4. Robert Huang, Synnex Corp. (NYSE:SNX - News)

    5. John Chambers, Cisco Systems Inc. (NASDAQ:CSCO - News)
     
  2. jcgerm macrumors member

    Joined:
    May 28, 2003
    #2
    I was under the impression that he was taking $1 in SALARY, not total compensation. He has stock options, tons of Apple stock, and he's also the CEO of Pixar, not to mention the numerous perks and gifts he gets at Apple. You're right though. He doesn't need anymore money to live an extremely comfortable life.
     
  3. puckhead193 macrumors G3

    puckhead193

    Joined:
    May 25, 2004
    Location:
    NY
    #3
    Steve Jobs does only has 8 billion dollars.....
     
  4. runninmac macrumors 65816

    runninmac

    Joined:
    Jan 20, 2005
    Location:
    Rockford MI
    #4
    I thought it was 2billion... we either way hes loaded
     
  5. Abstract macrumors Penryn

    Abstract

    Joined:
    Dec 27, 2002
    Location:
    Location Location Location
    #5
    Next time I see him, I'll be sure to put a few coins in his hat.

    Poor Steve. :(
     
  6. runninmac macrumors 65816

    runninmac

    Joined:
    Jan 20, 2005
    Location:
    Rockford MI
    #6
    Ha thats really funny. We should set up a Save Stevey Foundation thru paypal to make sure he doesnt go broke.
     
  7. Ringo macrumors regular

    Ringo

    Joined:
    Mar 30, 2004
    Location:
    Quebec
    #7
    Well you wont be able to.... he cant even afford an hat..!
     
  8. .Joel macrumors member

    Joined:
    May 10, 2005
    Location:
    Australia
    #8
    Hrrm... maybe we should have a "buy poor steve a hat" fun first.... then we can have the "save poor stevey" fund ;)
     
  9. Platform macrumors 68030

    Platform

    Joined:
    Dec 30, 2004
    #9
    Where did you get that :confused: Not that I dont believe you just where :confused: ;)
     
  10. AmigoMac macrumors 68020

    AmigoMac

    Joined:
    Aug 5, 2003
    Location:
    l'Allemagne
    #10
    I'm pretty sure some reports at the beginning of the year claimed 2 B$ on Steve's capital, he can afford a hat for every MR member ;) .
     
  11. FelixDerKater macrumors 68000

    FelixDerKater

    Joined:
    Apr 12, 2002
    #11
    It could all be a stunt. Take in a large amount every few years and then fall back to the $1 for a number of following years. It gets media attention.
     

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