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How is this any different than, for instance, Steve Jobs taking only $1 per year in CEO salary?
by marknutter 14y ago
How is this any different than, for instance, Steve Jobs taking only $1 per year in CEO salary?
- ww520 14y agoSteve Jobs taking $1 per year would give the benefits to the shareholders, not the employees. It would be the same if Steve Jobs gives his salary millions to the Apple employees.
- ams6110 14y agoWhat Steve did at Apple certainly did benefit employees, they're all still employed after all. And I'd guess many are shareholders as well. Double bonus.
- product50 14y agoHe is not giving away his salary but the bonus. All CEOs of major companies make more money through bonuses and stock options than just salary. This guy gave away his bonus away. Not sure I have seen a lot of that. To contrast see this guy who virtually destroyed Acer and still took away $43M - http://allthingsd.com/20120622/ousted-acer-ceo-gianfranco-lanci-cleaned-up-on-his-way-out/ http://allthingsd.com/20120622/ousted-acer-ceo-gianfranco-la...