Steve Jobs Receives His $1

Jobs and iPhone
Image by HicksNewMedia via Flickr

As has been the practice since 1997 Steve Jobs officially made $1 in salary in 2009. Apple disclosed this information in a preliminary proxy statement sent to its shareholders on Wednesday.

Jobs holds nearly 5.5 million shares of Apple’s stock, a position he has held steady since 2003, making his holdings in the company worth over $1 billion. He is also the largest single shareholder in The Walt Disney Co. at 7.4 percent.

Earlier in December, Jobs was named the world’s best-performing CEO in the January-Feburary 2010 edition of Harvard Business Review. He was credited with delivering a 3,188% industry-adjusted return since he rejoined the company as CEO in 1997.

Jobs was given the title “CEO of the Decade” by Fortune for his role in turning Apple into a groundbreaking technology leader and “the most valuable company in Silicon Valley.” He was also a finalist for Time magazine’s 2009 “Person of the Year.”

Apple’s annual shareholder’s meeting is currently scheduled for February 25, 2010. [via]

Steve Jobs Receives His $1 1
Steve Jobs Receives His $1 3
James Hickshttp://about.me/jameshicks
James is the Founder and Editor-in-Chief of HicksNewMedia, a Digital Publishing and Technology Consulting team providing effective and relevant solutions to individuals and businesses looking to more effective utilize the social interweb. Follow him on Twitter and on Facebook.

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