Steve Jobs most underpaid CEO ?

[neildmitchell]

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)

 

[jcgerm]

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.

 

[puckhead193]

Steve Jobs does only has 8 billion dollars.....

 

[runninmac]

I thought it was 2billion... we either way hes loaded

 

[Abstract]

Next time I see him, I'll be sure to put a few coins in his hat.

Poor Steve.

 

[runninmac]

Ha thats really funny. We should set up a Save Stevey Foundation thru paypal to make sure he doesnt go broke.

 

[Ringo]

Next time I see him, I'll be sure to put a few coins in his hat.

Poor Steve.

Well you wont be able to.... he cant even afford an hat..!

 

[.Joel]

Well you wont be able to.... he cant even afford an hat..!

Hrrm... maybe we should have a "buy poor steve a hat" fun first.... then we can have the "save poor stevey" fund

 

[Platform]

Steve Jobs does only has 8 billion dollars.....

Where did you get that Not that I dont believe you just where

 

[AmigoMac]

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 .

 

[FelixDerKater]

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.