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AAPL » Topics » Determining Compensation for the Chief Executive Officer

This excerpt taken from the AAPL DEF 14A filed Jan 12, 2010.

Determining Compensation for the Chief Executive Officer

In 2009, Mr. Jobs’s compensation consisted of a salary of $1. Mr. Jobs owns approximately 5.5 million shares of the Company’s common stock. Since rejoining the Company in 1997, Mr. Jobs has never sold a share of the Company’s stock. Mr. Jobs holds no unvested equity awards. The Company recognizes that Mr. Jobs’s level of stock ownership significantly aligns his interests with those of the Company’s shareholders. From time to time, the Compensation Committee considers additional compensation arrangements for Mr. Jobs given his continuing contributions and leadership.

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