Originally posted by: croaking
Yeah, no kidding. Check this out.
Steven P. Jobs
Chief Executive Officer 2001
Salary: $0
Bonus: $43,511,534
Total Compensation: $43,511,534
That's only the "Total Direct Compensation"
You didn't click on his name where you get more info:
Salary $0
Bonus $43,511,534
All Other Compensation $40,484,594
Total Compensation $83,996,128
Originally posted by: AmdEmAll
Check out ENRON...
Kenneth L. Lay
Chairman of the Board 2000 $1,300,000 $7,000,000 $8,300,000
Kenny-Boy Ley
Salary $1,300,000
Bonus $7,000,000
Restricted Stock $7,500,025
LTIP Payouts $1,218,750
Other Compensation $381,551
All Other Compensation $857,316
-----------------------------------------
Total Compensation $18,257,642
Value Realized for Options Exercised
$123,399,478
Dick Cheney
Salary $806,332
Bonus $1,451,398
All Other Compensation $100,775
------------------------------------
Total Compensation $2,358,505
Value Realized for Options Exercised
$21,964,254
The salary-portion is just chump-change to these guys. The real money is in misrepresenting revenue to bolster "confidence" [cough-Dick Cheney-cough-Kenneth Ley] or selling all your stock right before it tanks based on inside-information [cough-Martha Stewart-cough-George W. Bush]
Exercising your options is what rakes in the cash, well that and getting the most out of a $1.35 trillion tax cut. Sure am feeling flush with that $300 I got back