www.andrewchow.sg When most people think of CEOs, images of a handsomely paid (think millions of dollars) executive comes to mind. But some chief executives are bucking the trend. Last week, it was revealed in an SEC filing that newly minted HP CEO Meg Whitman will be receiving a base salary of $1 a year. We take a look at some other CEOs, past and present, who are making the same amount or less, according to Forbes magazine.

1. The $1.00 CEOs

2. When most people think of CEOs, images of a
handsomely paid (think millions of dollars) executive
comes to mind.
But some chief executives are bucking the trend.
Last week, it was revealed in an SEC filing that newly
minted HP CEO Meg Whitman will be receiving a base
salary of $1 a year.
We take a look at some other CEOs, past and present,
who are making the same amount or less, according to
Forbes magazine.

3. Larry Ellison, Oracle Despite the dollar a year salary, he is still the fifth
richest person on the planet, worth US$39.5 billion (S$51.6 billion).
Photo: Reuters

4. Steve Jobs, Apple When he returned to the company in 1997, he has
taken just a buck salary - giving shareholders an 8,333% return.
Photo: Reuters

5. John Mackey, Whole Foods He started the grocery store that brought organic
food to the masses for US$45,000. It now has over 300 outlets in the US and
the UK and generates over US$9 billion in sales.
Photo: Reuters

6. Larry Page, Google Google's co-founder took over from former CEO Eric
Schmidt earlier this year. He can afford the measly salary, given that he is
worth US$19.8 billion in Google stock and related cash-outs.
Photo: Reuters

7. Eric Schmidt Former Google CEO Eric Schmidt, similarly, also took in just
a dollar a year in salary while running Google.
Photo: Reuters

8. Richard D. Kinder, Kinder Morgan The billionaire, who's worth US$7.4 billion
due to his stake in the natural gas pipeline company he co-founded with friend
William Morgan, left Enron in 1996.
Photo: Reuters

9. Richard Fairbank, CapitalOne Taking it a step further, or make that a dollar
further, CapitalOne's founder receives zilch as his salary. We suppose his
expenses are pretty much covered by awards totalling US$16.25 million in
stock and options for performance in leading the company. Oh, and company-
paid office supplies too. Score!
Photo: Bloomberg

10. Robert McEwen, US Gold Similarly, this Canadian-born CEO also does not take
any actual salary for leading the prospecting company that hunts for gold in
Nevada and Mexico. But, as the largest shareholder of the company since
2005, he has advanced shares over 2,000%.
Photo: Internet

11. Strauss Zelnick, Take Two Interactive Another zero dollar CEO, he heads the
game publisher that gives the world games like Max Payne, Grand Theft Auto,
and Duke Nuke'em. His company, ZelnickMedia, owns a chunk of Take Two
shares.
Photo: Reuters