To paraphrase Donna Summer, Apple CEO Steve Jobs works hard for his money, drawing his annual $1 salary once again from the company he helped create — though the value of his shares in the firm reached a new zenith — a mighty $1.8 billion!

Revealed within the firm’s regulatory filing with the SEC today, other tasty fiscal tidbits include:

  • The Company believes Mr. Jobs’s level of stock ownership significantly aligns his interests with shareholders’ interests; his total compensation consists of a salary of $1 per year.
  • $248,000 was reimbursed for company travel on the JobsMobile (the slightly-aging $90m Gulfstream V jet he was given in the last Century).
  • The company’s net income jumped 70 percent in fiscal 2010 to $14 billion, on revenue of $65.2 billion, an increase of 52 percent from a year earlier.
  • Apple’s Chief Operating Officer, Timothy Cook, took salary of $800,000 in 2010 along with a $5 million bonus and $52.3 million worth of stock awards.
  • Cook’s compenstion included $40,001 for accrued and unused vacation.(Cook works pretty hard too).

In related news, Apple’s Annual Meeting will be held on Wednesday, February 23, 2011 at 10:00 a.m. Pacific Standard Time

Shareholders will vote on six items at the Annual Meeting:

  • The election to the Board of the seven nominees named in this Proxy Statement (Proposal No. 1);
  • Ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for 2011 (Proposal No. 2);
  • An advisory vote on executive compensation (Proposal No. 3);
  • An advisory vote on the frequency of the advisory vote on executive compensation (Proposal No. 4);
  • A shareholder proposal entitled “Amend the Company’s Corporate Governance Guidelines to adopt and disclose a written CEO succession planning policy” (Proposal No. 5); and
  • A shareholder proposal entitled “Adopt a majority voting standard for director elections” (Proposal No. 6).

What are the Board’s voting recommendations?

  • “FOR” each of the nominees to the Board (Proposal No. 1);
  • “FOR” ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for 2011 (Proposal No. 2);
  • “FOR” the proposal regarding an advisory vote on executive compensation (Proposal No. 3);
  • “EVERY YEAR” for the proposal regarding an advisory vote on the frequency of the advisory vote on executive compensation (Proposal No. 4);
  • “AGAINST” the shareholder proposal entitled “Amend the Company’s Corporate Governance Guidelines to adopt and disclose a written CEO succession planning policy” (Proposal No. 5); and
  • “AGAINST” the shareholder proposal entitled “Adopt a majority voting standard for director elections” (Proposal No. 6).

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