The Other Side of the $1 Salary

Jeffrey Katzenberg

DreamWorks Animation SKG Inc. CEO Jeffrey Katzenberg also received a $1 salary but waived $11 million in stock options and awards. In 2006 he also took a $1 salary but had $5.2 million worth of stock and options from recent years vest. As a DreamWorks founder, he owns millions of shares in the company.

Richard Kinder

Kinder Morgan Energy Partners CEO Richard Kinder is also part of the $1 club. He did have a bit more than $1 million in stock options vest last year, according to the Corporate Library, but otherwise had no compensation.

Kinder has fared pretty well, considering that he used to be an Enron executive. But in 1996, Enron chief Kenneth Lay kicked his former college classmate out of the company. It was good luck, considering Enron's collapse. As a side note, in 1997 Kinder married Nancy McNeil, Lay's personal assistant.

Glenn Murphy

Sales at clothing chain Gap have been slumping and CEO Glenn Murphy has also entered the no-pay club as he tries to fix his company. But, according to the Corporate Library, in 2007 he still was paid $268,102 in other compensation by the company.