Years ago, Mackey decided to forgo any future stock options or bonuses, and collect only a $1 salary. Last year, he decided he'd stop accruing paid time off too.
John Mackey —
Years ago, Mackey decided to forgo any future stock options or bonuses, and collect only a $1 salary. Last year, he decided he'd stop accruing paid time off too.
Courtesy: Whole Foods
In 2012, Kinder realized more than $1 billion in stock gains from shares he received when the company went private in 2007. That probably helped tide him over last year, when he didn't get a whole lot of perks -- just a $1 salary.<strong> </strong><em>-E.F.</em>
Richard Kinder —
In 2012, Kinder realized more than $1 billion in stock gains from shares he received when the company went private in 2007. That probably helped tide him over last year, when he didn't get a whole lot of perks -- just a $1 salary. -E.F.
Courtesy: KinderMorgan
Brin has kept his salary at $1 since Google filed for its IPO in 2004. Holding slightly fewer shares than CEO Larry Page (also a member of the $1 salary club), Brin has about 27% of the voting power. If he were to cash in today, his shares would be worth nearly $14 billion.<em> -K.L.</em>
Sergey Brin —
Brin has kept his salary at $1 since Google filed for its IPO in 2004. Holding slightly fewer shares than CEO Larry Page (also a member of the $1 salary club), Brin has about 27% of the voting power. If he were to cash in today, his shares would be worth nearly $14 billion. -K.L.
Courtesy: Google
Like Brin, fellow co-founder Page has kept his base salary at $1 since Google went public in 2004. He holds more than 42% of Google's class B shares, giving him more voting power than any other executive officer as of March. At today's price, those shares are worth more than $14 billion. <em>-K.L.</em>
Larry Page —
Like Brin, fellow co-founder Page has kept his base salary at $1 since Google went public in 2004. He holds more than 42% of Google's class B shares, giving him more voting power than any other executive officer as of March. At today's price, those shares are worth more than $14 billion. -K.L.
Courtesy: Google
For the past three years, Truchard has truly earned just a buck -- without any bonuses or other awards. But he is the company's largest shareholder, with about 19% of shares as of April. That's more than $690 million worth at current prices. <em>-K.L.</em>
James Truchard —
For the past three years, Truchard has truly earned just a buck -- without any bonuses or other awards. But he is the company's largest shareholder, with about 19% of shares as of April. That's more than $690 million worth at current prices. -K.L.
Courtesy:
In 2008, Adair agreed to a $1 annual salary in exchange for a sizable stock option grant.
A. Jayson Adair —
In 2008, Adair agreed to a $1 annual salary in exchange for a sizable stock option grant.
Courtesy: Copart
Tuchman, who founded Teletech in 1982, is new to the $1 salary club. His salary was $350,000 in 2011 and dropped to $78,078 in 2012 before he cut it to a dollar. But he owns about 63% of the company's stock as of March, the most recent data available. That's worth about $840 million today<strong>. </strong> <em>-K.L.</em>
Kenneth Tuchman —
Tuchman, who founded Teletech in 1982, is new to the $1 salary club. His salary was $350,000 in 2011 and dropped to $78,078 in 2012 before he cut it to a dollar. But he owns about 63% of the company's stock as of March, the most recent data available. That's worth about $840 million today. -K.L.
Courtesy: Teletech Holdings Inc.
Hayne's salary may be only $1 a year, but his wife is making up for it. President of Urban Outfitters brand Free People, she brought home a nearly $450,000 salary last year.
Richard Hayne —
Hayne's salary may be only $1 a year, but his wife is making up for it. President of Urban Outfitters brand Free People, she brought home a nearly $450,000 salary last year.
Photo: George Widman/AP
Stiritz agreed to a $1 annual payout -- and no bonus -- in 2013. But he's still flying high -- he managed to rack up nearly $110,000 worth of time on the company jet last year<em>. -E.F.</em>
William Stiritz —
Stiritz agreed to a $1 annual payout -- and no bonus -- in 2013. But he's still flying high -- he managed to rack up nearly $110,000 worth of time on the company jet last year. -E.F.
Photo: Bill Greenblatt/Liaison/Getty
It's the third year running that Icahn's salary is $1. His other pay consists solely<strong> </strong>of health benefits and jaunts in the company plane. <em>-E.F.</em>
Carl Icahn —
It's the third year running that Icahn's salary is $1. His other pay consists solely of health benefits and jaunts in the company plane. -E.F.
Photo: Sipa via AP
Facebook has been on a spending spree, buying the messaging service WhatsApp for $19 billion and virtual reality firm Oculus for $2 billion this year. But CEO Zuckerberg has been more frugal with himself, cutting his salary to $1 in 2013, after earning nearly $2 million a year earlier.
Mark Zuckerberg —
Facebook has been on a spending spree, buying the messaging service WhatsApp for $19 billion and virtual reality firm Oculus for $2 billion this year. But CEO Zuckerberg has been more frugal with himself, cutting his salary to $1 in 2013, after earning nearly $2 million a year earlier.
Photo: Manu Fernandez/AP
Let's be clear: It's not as though Lampert's monthly take-home pay is 8 cents or so -- 1/12 of his $1 annual salary.
Eddie Lampert —
Let's be clear: It's not as though Lampert's monthly take-home pay is 8 cents or so -- 1/12 of his $1 annual salary.
Courtesy: Eddie Lampert
Leighton, who co-founded Akamai in 1998, became CEO in 2013. On top of the $1 salary, he gets hefty stock and options awards. He also owns about 2% of the company's stock -- almost $220 million worth at today's stock price.
Tom Leighton —
Leighton, who co-founded Akamai in 1998, became CEO in 2013. On top of the $1 salary, he gets hefty stock and options awards. He also owns about 2% of the company's stock -- almost $220 million worth at today's stock price.
Courtesy: Akamai Technologies
Whitman has been trying to turn the company around since becoming CEO in 2011. In the most recent quarter, profits were up but the company also said it is cutting up to 16,000 jobs.
Meg Whitman —
Whitman has been trying to turn the company around since becoming CEO in 2011. In the most recent quarter, profits were up but the company also said it is cutting up to 16,000 jobs.
Photo: Imaginechina via AP
Oracle gave Ellison fewer stock options last year, amounting to a $16.6 million pay cut. He probably won't miss it too much. Ellison is already Oracle's largest stockholder, owning approximately 25% of shares -- worth about $45 billion at current prices. And he remains the top- paid U.S. CEO. <em>-K.L.</em>
Larry Ellison —
Oracle gave Ellison fewer stock options last year, amounting to a $16.6 million pay cut. He probably won't miss it too much. Ellison is already Oracle's largest stockholder, owning approximately 25% of shares -- worth about $45 billion at current prices. And he remains the top- paid U.S. CEO. -K.L.
Photo: TORU YAMANAKA/AFP/Getty Images