During the fiscal year, Jobs received no new stock or option awards. He holds about 5.5 million shares of Apple's stock and has never sold a share since rejoining Apple in 1997. “The Company believes Mr. Jobs’s level of stock ownership significantly aligns his interests with shareholders’ interests; his total compensation consists of a salary of $1 per year,” Apple said in its proxy statement.
Tim Cook, Apple’s COO who filled in during Job’s 2009 medical leave of absence, took home quite a bit more. His total compensation for 2010 amounts to $59.1 million. It includes his $800,016 salary, which is virtually unchanged from 2009; a one-time $5 million cash bonus; and a $900,000 performance-based cash bonus.
The bulk of Cook’s pay package came in the form of stock awards, which were valued at $52.3 million at the time they were granted.
Cook also received $58,306 in perks and other compensation. His perks include company contributions to his 401(k) plan ($14,700), company-paid term life insurance premiums ($3,605), and a payment of $40,001 to cash out accrued and unused vacation. (See also: )