6 CEOs Who Earned $1 a Year
4. Larry Page, Google
Salary: $1
Google is perhaps the only company whose name is used as a Verb. The company was founded by Sergey Brin and Larry Page in 1998. Until 2001 both Brin and Larry operated Google as co-president, after that they appointed Eric Schmidt as chairman & CEO. But in 2011 Larry Page joined back Google is the CEO replacing Schmidt.
Larry accepted only $1 salary for handling the operations of the search engine giant but in 2010 page bagged a $1,785 holiday bonus.
5. John Mackey, Whole Foods Market
Salary: $1
Whole Foods Market, Inc. is an American foods supermarket chain based in Austin, Texas. The company concentrates on "natural and organic products", and is listed on the U.S. Environmental Protection Agency's list of Top 25 Green Power Partners.
John Mackey, the founder and CEO of Whole Foods Market took $1 paycheck from the company once mocked as “whole paycheck” during the recession period. Today Whole Foods generates revenues around $9 billion and has 300 outlets in UK and U.S.
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