Quote:
Originally Posted by Chemical
A CEO does not depend on salary. They get a percentage of stock added to their portfolio and they sell a percentage as income every year. They have a maximum percentage every year that they can sell according to the IRS.
Because you know, if a CEO sells his entire stock in the company and the company tanks, he goes strait to jail.
Thats how a CEO makes their money, they don't care about 1$ salaries, as a matter of fact most CEOs make that salary.
This is nothing new, alothough he should have had this salary from the beginning.
As an example, Bill Gates has had a 1$ salary for years.
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WOW did not know that , no wonder he drives a VW bettle
