Eric Schmidt: Will Work For iPods

When it came to being on Apple’s board, Eric Schmidt clearly wasn’t in it for the money. After all, being the CEO of Google is a fairly lucrative enterprise in its own right (well, that is, unless you’re part of the $1 a year club). Before stepping down from the company early this week, Schmidt was apparently working for Apple gear.

Where most Apple board members receive a healthy chunk of stocks and an annual fee of $50,000, Schmidt was apparently content just to stock up on some sweet Apple stuff–he received $8,712 worth of gear in 2008, putting him in third place behind Arthur Levinson, who got $8,923, and Al Gore, who received $13,161 in Apple stuff.

Schmidt, like the other board members, also received a $7,580 “commemorative gift.”

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