Apple's Jobs brushes aside backdating concerns

Iria · May 11, 2007, 04:45 AM

Source: News.com
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CUPERTINO, Calif.--After presiding over a 50 percent rise in Apple's stock over the past year, CEO Steve Jobs can afford to shrug off shareholder questions about stock option backdating and environmental policies.

Jobs drew laughs from most shareholders as he sardonically responded to questions from representatives of the AFL-CIO and Greenpeace at the company's annual meeting of shareholders Thursday. Several proposals were submitted by shareholders, including one calling for an option-dating policy and another that would subject executive compensation to a shareholder vote.

May 11, 2007, 04:45 AM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Apple's Jobs brushes aside backdating concerns Source: News.com ________ CUPERTINO, Calif.--After presiding over a 50 percent rise in Apple's stock over the past year, CEO Steve Jobs can afford to shrug off shareholder questions about stock option backdating and environmental policies. Jobs drew laughs from most shareholders as he sardonically responded to questions from representatives of the AFL-CIO and Greenpeace at the company's annual meeting of shareholders Thursday. Several proposals were submitted by shareholders, including one calling for an option-dating policy and another that would subject executive compensation to a shareholder vote.